2/1/2019
*FKLI Jan 19*
Previous Close: 1691.5 +3
FKLI failed to sustain above 1700 and ended 2018 at around 1690 level. US stock market up more than 250pts ahead of holiday and futures raised more than 100pts this morning, FKLi may gap up and retest 1700 level. Watch out for Msia manufacturing PMI data on 830am today.
Hourly chart formed higher highs & lows to test rebound but watch out for potential RSI bearish divergence.
*Classic Support & Resistance*
Resistance: 1706.5 1729
Support: 1680 1655.5
*Recommend Trading Plan for the day:*
1. If expect FKLI to track strength in US market, buy 1693, stop 1688, profit 1698/1703.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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Bruce88
FKLi may gap up and retest 1700 level.
Hourly chart formed higher highs & lows to test rebound but watch out for potential RSI bearish divergence.
你赢晒啰 !
2019-01-02 09:50