FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 16/11/2018 - In range but testing rebound
InvestorsDoctor
Publish date: Fri, 16 Nov 2018, 08:36 AM
InvestorsDoctor
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Here we update timely info about FKLI
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16/11/2018
*FKLI Nov 18*
Previous Close: 1699.5 +16.5
FKLI edged up strongly yesterday on strength of foreign market despite foreign fund remain as net seller. US stock market up more than 200pts last night, FKLI likely gap up to test above 1700 level. Watch out for Msia GDP data on 12pm today.
Hourly showed FKLI move in a wide range with a technical rebound signal as technical indicators crossing up.
*Classic Support & Resistance*
Resistance: 1709.5 1729
Support: 1688 1665.5
*Recommend Trading Plan for the day:*
1. Buy 1701, stop 1697, profit 1705/1709/1713
*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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