FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 7/8/2018 - FKLI enters correction, required to close above 1787 to trigger rebound signal
InvestorsDoctor
Publish date: Tue, 07 Aug 2018, 08:42 AM
InvestorsDoctor
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Here we update timely info about FKLI
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7/8/2018
*FKLI Aug 18*
Previous Close: 1773 -1.5
FKLI moved into a tight range yesterday but expect market to be supported by foreign fund net buying and overnight gains in US stock market.
Hourly chart showed FKLI in a correction after a RSI bearish divergence, required to close above 1787 to trigger further rebound signal.
*Classic Support & Resistance*
Resistance: 1787 1796.5
Support: 1759.5 1740
*Recommend Trading Plan for the day:*
1. Trade in range 1764-1782.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
Disclaimer: Idea sharing only, trade at your own risk.
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