FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 18/7/2018 - US market remains in rebound stage, FKLI may retest 1730

InvestorsDoctor
Publish date: Wed, 18 Jul 2018, 08:44 AM
Here we update timely info about FKLI

To get more information on local and foreign futures markets, u can join us at telegram and Facebook.

Join link: https://t.me/investorsdoctoracademy

Facebook: https://m.facebook.com/investorsdoctoracademy/




18/7/2018

 
*FKLI Jul 18*
 
Previous Close: 1725 +4
 
FKLI failed to test above 1730 yet managed to close higher than previous session on the back of recovery of US stock market. However, foreign fund selling may cap upside of FKLI's rebound. US stock market up slightly last night, FKLI likely to test above 1730 1st.
 
Daily testing upper band of BB, wait for confirmation, while hourly chart show some retracement from RSI overbought, required to close above 1730 to trigger further rebound signal.
 
 *Classic Support & Resistance*
Resistance: 1741.5 1763
Support: 1714 1698
 
 *Recommend Trading Plan for the day:*
1. Buy 1729, stop 1724, profit 1734/1739.
2. If price retrace 1st, buy 1717 or below, stop 1712, profit 1722/1727.
 
 *FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
 
Disclaimer: Idea sharing only, trade at your own risk.
 
Join our channels to find out more!
 
Telegram link:
https://t.me/investorsdoctoracademy
 
Facebook link: https://m.facebook.com/investorsdoctoracademy




[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............
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment