29/11/2018
*FKLI Nov 18*
Previous Close: 1687.5 +3.5
Please be noted that Nov 18 contract will be expired on this Friday 30/11, traders may choose to trade Dec 18. FKLI closed slightly higher yesterday as tracking recovery in foreign market. US stock market gained more than 600pts last night, FKLI likely to gap up and retest 1700 level.
Hourly chart showed FKLI moved in triangle sideway pattern, wait for breakout.
*Classic Support & Resistance*
Resistance: 1693.5 1706.5
Support: 1680 1673.5
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1693.5
2. Look for sell signal below 1680
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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