FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 25/10/2018 - US fell more than 600pts, FKLI likely to go lower
InvestorsDoctor
Publish date: Thu, 25 Oct 2018, 08:36 AM
InvestorsDoctor
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Here we update timely info about FKLI
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25/10/2018
*FKLI Oct 18*
Previous Close: 1686 -4
FKLI testing previous support with pressure of foreign fund selling and global market selloff. US stock market declined more than 600pts, FKLI likely gap down and test support.
Hourly chart showed FKLI in oversold, close below 1686 to trigger further sell signal. Lower highs & lows also indicated a more to bearish trend.
*Classic Support & Resistance*
Resistance: 1713 1749.5
Support: 1668.5 1655
*Recommend Trading Plan for the day:*
1. Sell 1684, stop 1688, profit 1680/1676/1672.
*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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