FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 28/6/2018 - Closed at its day low and also the lowest since Jan 2017
InvestorsDoctor
Publish date: Thu, 28 Jun 2018, 08:44 AM
InvestorsDoctor
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Here we update timely info about FKLI
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28/6/2018
*FKLI Jun 18*
Previous Close: 1660 -16.5
Please be noted that Jun 18 contract will be expired end of this week, traders may choose to trade Jul 18. FKLI closed at its day low, marked a row of falling days on concerns over global trade war and foreign fund selling. US stock market ended with a V shape fall last night, FKLI may gap down.
Daily chart formed lower highs & lows while technical indicators still moving down, more to bearish, but watch out for potential technical rebound in short term as RSI in oversold.
*Classic Support & Resistance*
Resistance: 1688 1701.5
Support: 1646.5 1629
*Recommend Trading Plan for the day:*
1. Sell 1658, stop 1663, profit 1653/1648.
*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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