FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 3/12/2018 - US-China reached deal in summit, expect to support FKLI
InvestorsDoctor
Publish date: Mon, 03 Dec 2018, 08:43 AM
InvestorsDoctor
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Here we update timely info about FKLI
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3/12/2018
*FKLI Dec 18*
Previous Close: 1686 -9
FKLI down on last Friday ahead of weekend on withdrawal of foreign fund but a positive result from US-China summit pushed US stock & futures market higher with more than 400pts of gains this morning, expect FKLI to gap up and test 1700 level. Malaysia manufacturing PMI Nov 18 continue to stay below 50, showed slowing manufacturing activities.
Hourly chart showed FKLI remains in triangle pattern, wait for breakout.
*Classic Support & Resistance*
Resistance: 1706.5 1725.5
Support: 1678 1662
*Recommend Trading Plan for the day:*
1. Look for more trading setup after market open.
*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
Created by InvestorsDoctor | Dec 30, 2019
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