FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 27/11/2018 - Testing rebound, expect to track gains in US market

InvestorsDoctor
Publish date: Tue, 27 Nov 2018, 08:37 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/



27/11/2018

 
*FKLI Nov 18*
 
Previous Close: 1705.5 +11.5
 
Please be noted that Nov 18 contract will be expired on this Friday 30/11, traders may choose to trade Dec 18. FKLI back to above 1700 as tracking recovery in foreign market while foreign fund remains as net buyer. US stock market up more than 350pts, expect FKLI to gap up to test previous high.
 
Hourly chart showed FKLI testing to close previous gap at around 1709. Fibo level will be see at around 1708/1729/1750.
 
 *Classic Support & Resistance* 
Resistance: 1713 1729 
Support: 1686 1673.5
 
 *Recommend Trading Plan for the day:*
1. Buy 1707, stop 1703, profit 1711/1715.
 
 *FKLI Margin Requirement* 
Overnight MYR 4000
Spread MYR 500
 
Disclaimer: Idea sharing only, trade at your own risk.
 
Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE videos !!!
 
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
 
Join our other channels to find out more about futures trading !!!
 
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