FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 27/12/2018 - US marked the strongest day gain ever, FKLI window dressing likely continue

InvestorsDoctor
Publish date: Thu, 27 Dec 2018, 08:43 AM
Here we update timely info about FKLI

To get more information on local and foreign futures markets, u can join us at telegram and Facebook.

Join link: https://t.me/investorsdoctoracademy

Facebook: https://m.facebook.com/investorsdoctoracademy/



27/12/2018

 
*FKLI Dec 18*
 
Previous Close: 1671 +2
 
Please be noted that Dec 18 contract will be expired on next Monday 31/12, traders may choose to trade Jan 19 contract. FKLI was below 1660 during the session but managed to bounce back to above 1670 at the closing, suggested that window dressing setup is still in play. US stock market u strongly with more than 1000pts of gains, expect FKLI to gap up.
 
Hourly chart formed a technical correction to 50% Fibo retracement level of swing 1631.5-1679 and rebound, close above 1680 to trigger more upside.
 
 *Classic Support & Resistance* 
Resistance: 1679 1692
Support: 1655.5 1638.5
 
 *Recommend Trading Plan for the day:*
1. Look for buy signal above 1680.
 
 *FKLI Margin Requirement* 
Overnight MYR 4000
Spread MYR 500
 
Disclaimer: Idea sharing only, trade at your own risk.
 
Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE videos !!!
 
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
 
Join our other channels to find out more about futures trading !!!
 
Telegram link:
https://t.me/investorsdoctoracademy
 
Facebook link:
https://m.facebook.com/investorsdoctoracademy
Discussions
Be the first to like this. Showing 1 of 1 comments

J For Janice

Last escape point.

2018-12-27 09:02

Post a Comment