FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 14/11/2018 - Enter a wide range, but more to bearish

InvestorsDoctor
Publish date: Wed, 14 Nov 2018, 08:40 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/



14/11/2018

 
FKLI Nov 18
 
Previous Close: 1693 +2
 
FKLI gap down and rebound yesterday, closed with almost unchanged but weakness in foreign markets and foreign fund selling likely to cap upside of FKLI. US stock market fell another 100pts ut futures up near 100pts too this morning, expect FKLI to continue move in range.
 
Hourly showed FKLI move in a wide range with a technical rebound from oversold, required MACD to cross above zero and BB expanding north to trigger further rebound signal.
 
 Classic Support & Resistance 
Resistance: 1709.5 1729 
Support: 1681 1665.5
 
 Recommend Trading Plan for the day:
1. Buy 1695 for technical rebound, stop 1692, profit 1698/1701/1704.
2. Look for sell signal below 1681.
 
 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