FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 24/10/2018 - Watch out for previous low 1686!
InvestorsDoctor
Publish date: Wed, 24 Oct 2018, 08:39 AM
InvestorsDoctor
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Here we update timely info about FKLI
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24/10/2018
*FKLI Oct 18*
Previous Close: 1690 -29
FKLI tumbled sharply to below 1700 and test previous low on pressure of global market selloff and foreign fund selling. US stock market limited its losses to only 120+pts, FKLI may test rebound 1st. Watch out for Msia inflation rate today on 12pm.
Hourly chart showed FKLI again testing RSI oversold and previous low, close below 1686 to trigger more downside.
*Classic Support & Resistance*
Resistance: 1713 1749.5
Support: 1686 1655
*Recommend Trading Plan for the day:*
1. Look for sell signal below 1686.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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Daily Futures Commentaries: [FKLI Malaysia Index] 30/12/2019 - 1595 or 1620 wait for breakout
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