FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 17/7/2018 - Sustain above 1700, more rebound ahead?
InvestorsDoctor
Publish date: Tue, 17 Jul 2018, 08:47 AM
InvestorsDoctor
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Here we update timely info about FKLI
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17/7/2018
*FKLI Jul 18*
Previous Close: 1721 +2
FKLI tested higher high and closed slightly higher yesterday as tracking gains in foreign market and as trade war tension eased. However, foreign fund selling may cap upside of FKLI's rebound. US stock market up slightly last night, FKLI likely to test yesteray high 1st.
Daily chart formed another higher high & low candle to test upper band of BB, while hourly chart show some retracement from RSI overbought.
*Classic Support & Resistance*
Resistance: 1730.5 1741.5
Support: 1707.5 1698
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1727.50.
2. Look for technical correction sell signal below 1713.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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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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