FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 15/11/2018 - Enter a wide range, but more to bearish
InvestorsDoctor
Publish date: Thu, 15 Nov 2018, 08:41 AM
InvestorsDoctor
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Here we update timely info about FKLI
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15/11/2018
*FKLI Nov 18*
Previous Close: 1683 -10
FKLI ended lower as tracking weakness in foreign markets and as foreign fund selling. US stock market down 200+pts last night, FKLI likely to gap down and test previous low.
Hourly showed FKLI move in a wide range with a technical rebound from oversold, but index stay below middle line of BB, more to bearish.
*Classic Support & Resistance*
Resistance: 1694.5 1709.5
Support: 1673.5 1665.5
*Recommend Trading Plan for the day:*
1. Trade in range 1665-1695.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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More articles on FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 30/12/2019 - 1595 or 1620 wait for breakout
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