FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 10/10/2018 - Enter range, wait for breakout
InvestorsDoctor
Publish date: Wed, 10 Oct 2018, 08:32 AM
InvestorsDoctor
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Here we update timely info about FKLI
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10/10/2018
*FKLI Oct 18*
Previous Close: 1772 -0.5
FKLI unable to break and sustain above 1780 level as pressured by weakness in global market and foreign fund selling. US stock market dropped more than 50pts last night, FKLI likely to test support 1st.
Hourly chart showed FKLI entered a range 1760-1780, wait for breakout.
*Classic Support & Resistance*
Resistance: 1778 1784 1792
Support: 1764.5 1756
*Recommend Trading Plan for the day:*
1. Trade in range 1760-1780, wait for breakout.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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