FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 10/12/2018 - US continue selloff, watch out break down of FKLI triangle pattern

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Publish date: Mon, 10 Dec 2018, 08:37 AM
Here we update timely info about FKLI

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10/12/2018

 
*FKLI Dec 18*
 
Previous Close: 1682.5 +2
 
FKLI closed nearly unchanged on last Friday but continue sell off in US market likely to pressure down Malaysia market today. 
 
Hourly chart formed a breakdown from triangle pattern, be cautious of more downside, today may test previous low 1st at around 1660.
 
 *Classic Support & Resistance* 
Resistance: 1692 1711
Support: 1662 1650
 
 *Recommend Trading Plan for the day:*
1. Watch out opening price and look for more trading setup.
 
 *FKLI Margin Requirement* 
Overnight MYR 4000
Spread MYR 500
 
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