FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 10/8/2018 - Profit taking, testing 1800 level
InvestorsDoctor
Publish date: Fri, 10 Aug 2018, 08:38 AM
InvestorsDoctor
0 1,969
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/
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/
10/8/2018
*FKLI Aug 18*
Previous Close: 1799 -5
FKLI pulled back its gains from high of around 1810 to below 1800 on profit taking despite foreign fund buying. US stock market dropped more than 70pts last night, FKLI may gap down later and continue to test correction. Today watch out for Msia industrial production, retail sales and unemployment rate at 12pm.
Hourly chart showed FKLI testing 61.8% Fibo retracement of previous down swing 1900-1655 and see some correction on RSI overbought. Stay cautious of potential RSI bearish divergence.
*Classic Support & Resistance*
Resistance: 1810.5 1821.5
Support: 1788 1776.5
*Recommend Trading Plan for the day:*
1. Sell 1798 for technical correction, stop 1803, profit 1793/1788.
1. Look for buy signal above 1810.5 yesterday high.
*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
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
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Apps
Top Articles
1
https://dividendguy67.blogspot.com
2
3
4
6
Good Articles to Share
Hamas accepts US proposal on talks over Israeli hostages, Hamas source says
7
Good Articles to Share
Could Kamala Harris beat Donald Trump in November's presidential race?
8
Good Articles to Share
Fire breaks out after accident at gas pipeline in Crimea, Russian officials say
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
