FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 16/7/2018 - Continue rebound as global trade war tension eased
InvestorsDoctor
Publish date: Mon, 16 Jul 2018, 08:45 AM
InvestorsDoctor
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Here we update timely info about FKLI
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16/7/2018
*FKLI Jul 18*
Previous Close: 1719 +13
FKLI edged higher to test 1720 level last week as tracking strength in foreign market. Be cautious of foreign fund withdrawal which may limit upside of FKLI. US stock market up near 100pts last Friday, FKLI likely continue to test rebound. Today watch out for Msia unemployment rate May 18 at 12pm.
Daily chart formed another higher high & low candle to test upper band of BB, while hourly chart show RSI in overbought, watch out for potential technical correction in short term.
*Classic Support & Resistance*
Resistance: 1730.5 1741.5
Support: 1707.5 1698
*Recommend Trading Plan for the day:*
1. Buy 1723, stop 1718, profit 1728/1733.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
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[Free English Seminar]
期货&原产品投资交易- 赌博？高风险投资？需要大笔资金？
Futures & Commodities Trading - Gambling? High Risk? Require Big Capital?
不对！如果您一直以来有这样的想法，是时候让IDA 破解您对期货交易的迷思和误解！
NO! Time to Crack All The Myths of Trading Commodities Futures!
Myth 1: Trading is all about making Fash-Cash!
Myth 2: You must have perfect timing to pick highs & lows.
Myth 3: You need a lot of money to start strading.
Myth 4: You must know what will happen next.
Myth 5: You can only make money in trending markets or 'easy' market conditions etc............
[Free English Seminar]
期货&原产品投资交易- 赌博？高风险投资？需要大笔资金？
Futures & Commodities Trading - Gambling? High Risk? Require Big Capital?
不对！如果您一直以来有这样的想法，是时候让IDA 破解您对期货交易的迷思和误解！
NO! Time to Crack All The Myths of Trading Commodities Futures!
Myth 1: Trading is all about making Fash-Cash!
Myth 2: You must have perfect timing to pick highs & lows.
Myth 3: You need a lot of money to start strading.
Myth 4: You must know what will happen next.
Myth 5: You can only make money in trending markets or 'easy' market conditions etc............
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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