FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 15/10/2018 - Global stock market continue to rebound, FKLI likely to follow

InvestorsDoctor
Publish date: Mon, 15 Oct 2018, 08:35 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/



15/10/2018

 
*FKLI Oct 18*
 
Previous Close: 1733 +27
 
FKLI rebounded from 3 month low as tracking recovery in global stock markets. US stock market up near 300pts last Friday, FKLI may gap up and test resistance. Watch out for Msia unemployment rate on12pm today.
 
A green candle above previous doji in daily chart form a technical rebound signal, testing to close upside gap, plus hourly chart's technical indicators crossing up, FKLI likely to continue test rebound. 
 
 *Classic Support & Resistance* 
Resistance: 1751.5 1779
Support: 1712 1696
 
 *Recommend Trading Plan for the day:*
1. Buy 1734 for technical rebound, stop 1729, profit 1739/1744.
 
 *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