FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 21/11/2018 - US fell more than 1000pts during Msia holiday, expect FKLI to test below 1700
InvestorsDoctor
Publish date: Wed, 21 Nov 2018, 08:37 AM
InvestorsDoctor
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Here we update timely info about FKLI
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21/11/2018
*FKLI Nov 18*
Previous Close: 1711.5 +6
FKLI sustained above 1710 before Msia public holiday on strength of foreign market recovery, but US stock market fell more than 1000pts this 2 days, FKLI likely gap down and test below 1700.
Hourly showed FKLI move in a wide range with a technical rebound signal as technical indicators crossing up, but the sharp fall in US market likely to turn down technical indicators.
*Classic Support & Resistance*
Resistance: 1729 1749.5
Support: 1693 1673.5
*Recommend Trading Plan for the day:*
1. Watch out opening price to look for more entry signal.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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