![](/files/my/blog/img/bl3936_fkli040918.png)
4/9/2018
*FKLI Sep 18*
Previous Close: 1805 -3.5
FKLI down slightly on yesterday as pressured by trade war concerns and weak EM currencies, but seen support of foreign fund buying.
Hourly chart showed FKLI break down double top signal and traded below middle line of BB, may see some short term correction to test downside gap, while daily trend remains in rebound stage.
*Classic Support & Resistance*
Resistance: 1814.5 1822.5
Support: 1799 1787.5
*Recommend Trading Plan for the day:*
1. Look for sell signal below 1801.5 yesterday low.
2. Look for buy signal above 1814.5 yesterday high.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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