FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 22/1/2019 - Testing break out resistance of sideway range
InvestorsDoctor
Publish date: Tue, 22 Jan 2019, 08:37 AM
InvestorsDoctor
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Here we update timely info about FKLI
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22/1/2019
*FKLI Jan 19*
Previous Close: 1690.5 +9
FKLI closed higher on last Friday as tracking strength in foreign market. US stock market up more than 300pts last Friday but fell around 100pts in index futures this morning. FKLI may gap up and test resistance 1st.
Hourly chart showed FKLI remain in sideway range but nearer to resistance while technical indicators crossing up too, watch out for the breakout.
*Classic Support & Resistance*
Resistance: 1703 1713
Support: 1678.5 1664
*Recommend Trading Plan for the day:*
1. Buy 1694, stop 1690, profit 1698/1702,
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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More articles on FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 30/12/2019 - 1595 or 1620 wait for breakout
Created by InvestorsDoctor | Dec 30, 2019
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