FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 29/6/2018 - Recover slightly as tracking gains in Global market
InvestorsDoctor
Publish date: Fri, 29 Jun 2018, 08:41 AM
InvestorsDoctor
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Here we update timely info about FKLI
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29/6/2018
*FKLI Jul 18*
Previous Close: 1667 +5
Please be noted that Jun 18 contract will be expired today, traders may choose to trade Jul 18. FKLI rebounded from low of near 1650 on support of global market recovery, but be cautious as foreign fund remains as net seller. US stock market up near 100pts yesterday, FKLI may gap up and continue to test rebound.
Daily chart formed another lower high & low candle despite closed with a gain yesterday, required higher highs & lows to form rebound.
*Classic Support & Resistance*
Resistance: 1686.5 1703
Support: 1655 1646.5
*Recommend Trading Plan for the day:*
1. Buy 1668.5 for technical rebound, stop 1663.5, profit 1673.5/1678.5.
2. Look for sell signal if unable to hold above 1660 level.
*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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