FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 15/1/2019 - Remain in sideway, continue to trade in range

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Publish date: Tue, 15 Jan 2019, 08:33 AM
Here we update timely info about FKLI

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15/1/2019

 
*FKLI Jan 19*
 
Previous Close: 1676 -13.5
 
FKLI fell to below 1680 as tracking weakness in foreign market. US stock market limited its losses within 100pts and DJI futures go higher this morning, FKLI may gap up and continue to trade in range.
 
Hourly chart showed FKLI remain in sideway range and move in BB channel. technical indicators in neutral, wait for more breakout.
 
 *Classic Support & Resistance* 
Resistance: 1703 1713
Support: 1664 1655.5
 
 *Recommend Trading Plan for the day:*
1. Trade in range 1670-1690.
 
 *FKLI Margin Requirement* 
Overnight MYR 4000
Spread MYR 500
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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