FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 26/9/2018 - Enter side way technical correction, wait for further momentum

InvestorsDoctor
Publish date: Wed, 26 Sep 2018, 08:36 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/



26/9/2018

 
*FKLI Sep 18*
 
Previous Close: 1791 -2
 
Please be noted that Sep 18 contract will be expired by end of this week, traders may choose to trade Oct 18. FKLI in a technical correction as pressured by weakening US stock market. However, return of foreign fund buying may support index.
 
Hourly chart showed FKLI in a sideway, testing 38.2% of Fibo level from swing 1828.5-1764.5, wait for breakout.
 
 *Classic Support & Resistance* 
Resistance: 1797 1807.5 1814.5
Support: 1780.5 1764.5
 
 *Recommend Trading Plan for the day:*
1. Look for sell signal below 1787.
 
 *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
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment