5/12/2018
*FKLI Dec 18*
Previous Close: 1697.5 -6.5
FKLI erased its previous gains and closed at below 1700 level, showed trend still in sideway. US stock market fell nearly 800pts last night, expect FKLI to gap down and test support. Today watch out for Msia balance of trade data on 12pm.
Hourly chart showed FKLI remains in triangle pattern, watch out if break down from channel today.
*Classic Support & Resistance*
Resistance: 1706 1725.5
Support: 1678 1672
*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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