FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 7/12/2018 - US pulled back from sharp loss, watch out if FKLI sustain above 1680
InvestorsDoctor
Publish date: Fri, 07 Dec 2018, 10:28 AM
InvestorsDoctor
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Here we update timely info about FKLI
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7/12/2018
*FKLI Dec 18*
Previous Close: 1680.5 -8
FKLI settled lower as tracking weakness in foreign market, but US stock market formed a strong rebound after market resume, expect FKLI today to gap up and test rebound.
Hourly chart formed a breakdown from triangle pattern, be cautious of more downside, today may test for a pull back into range 1st.
*Classic Support & Resistance*
Resistance: 1692 1706.5
Support: 1672 1662
*Recommend Trading Plan for the day:*
1. If expect FKLI to track gains in US stock market, buy 1684 for technical rebound signal, stop 1679, profit 1689/1694.
*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
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