30/10/2018
*FKLI Oct 18*
Previous Close: 1689 +14
Please be noted that Oct 18 contract will be expired on this Wed (31/10), traders may choose to trade Nov 18 contract. FKLI recovered part of its previous losses as tracking global market recovery. However, foreign fund remains as net seller and US stock market closed with more than -200pts last night, FKLI may gap down and test support.
Hourly chart formed a technical rebound from RSI oversold, required to close above 1696 to trigger further rebound signal.
*Classic Support & Resistance*
Resistance: 1713 1749.50
Support: 1665.5 1655
*Recommend Trading Plan for the day:*
1. Sell 1688, stop 1693, profit 1683/1678.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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shareking1
Me all in buy fbmklci put warrants, hope klse indexes can drop four hundreds point or more, will be good profit for me.
2018-10-30 09:32