FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 3/1/2019 - US futures drop in morning, likely to limit upside of FKLI
InvestorsDoctor
Publish date: Thu, 03 Jan 2019, 08:45 AM
InvestorsDoctor
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Here we update timely info about FKLI
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3/1/2018
*FKLI Jan 19*
Previous Close: 1664.5 -27
FKLI fell sharply yesterday to test 1660 level on bearish Msia & China economic data. US stock market erased previous losses yesterday but fell more than 300pts on this morning, likely to limit upside of FKLI.
Hourly chart entered steep retracement to test 38.2-50 Fibo level, close below 1655 previous support to trigger more downside.
*Classic Support & Resistance*
Resistance: 1678 1696.5 1703
Support: 1655.5 1638.5 1631.5
*Recommend Trading Plan for the day:*
1. Sell 1663, stop 1670, profit 1656/1649.
2. Look for technical rebound buy signal above 1670.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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Daily Futures Commentaries: [FKLI Malaysia Index] 30/12/2019 - 1595 or 1620 wait for breakout
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shareking1
Today index continue dropping
2019-01-03 09:19