FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 26/6/2018 - Ended at fresh low since 2017 on trade war concerns
InvestorsDoctor
Publish date: Tue, 26 Jun 2018, 08:40 AM
InvestorsDoctor
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Here we update timely info about FKLI
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26/6/2018
*FKLI Jun 18*
Previous Close: 1675.5 -14.5
FKLI ended at its lowest since Feb 2017, more to bearish on concerns of trade war and foreign fund retreats after more political uncertainty ahead in local. US stock market fell more than 300pts, FKLI may gap down and test support.
Daily & hourly charts formed lower highs & lows, technical indicators also pointed more to downside, but be cautious of potential technical rebound from RSI oversold.
*Classic Support & Resistance*
Resistance: 1701.5 1730.5
Support: 1661 1646.5
*Recommend Trading Plan for the day:*
1. Sell 1671.5, stop 1676.5, profit 1666.5/1661.5.
*FKLI Margin Requirement*
Intraday MYR 2000
Overnight MYR 4000
Spread MYR 500
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Since 14th May 2018 (stock market reopened after 509 GE-14), FKLI Futures dropped nearly 200.5 points from high 1876.5 to recent low 1676!
Simple Calculation:
200.5 x RM 50 per index point = RM 10,025 (Potential Profit!)
Well, NOW is the time for you to understand more about FKLI Trading!
Come & Join us on 14th July 2018 from 2PM to 4PM at SI Academy.
IDA will discover together with You - What is FKLI............
https://goo.gl/forms/SyxDaLNwkuYagkA02
Since 14th May 2018 (stock market reopened after 509 GE-14), FKLI Futures dropped nearly 200.5 points from high 1876.5 to recent low 1676!
Simple Calculation:
200.5 x RM 50 per index point = RM 10,025 (Potential Profit!)
Well, NOW is the time for you to understand more about FKLI Trading!
Come & Join us on 14th July 2018 from 2PM to 4PM at SI Academy.
IDA will discover together with You - What is FKLI............
https://goo.gl/forms/SyxDaLNwkuYagkA02
More articles on FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 30/12/2019 - 1595 or 1620 wait for breakout
Created by InvestorsDoctor | Dec 30, 2019
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