FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 14/2/2019 - In sideway, continue with range trading setup

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Publish date: Thu, 14 Feb 2019, 08:55 AM
Here we update timely info about FKLI

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14/2/2019

 
*FKLI Feb 19*
 
Previous Close: 1685.5 -1
 
FKLI traded in a tight range yesterday and closed with almost unchanged. US stock market rose for another day for more than 100pts, expect to limit downside of FKLI.
 
4H chart showed FKLI moved in a tight range around 1660-1710, may choose to trade within the range and wait for breakout.
 
 *Classic Support & Resistance* 
Resistance: 1706 1729
Support: 1664 1631.5
 
 *Recommend Trading Plan for the day:*
1. Trade in range 1680-1700, wait for breakout.
 
 *FKLI Margin Requirement* 
Overnight MYR 4000
Spread MYR 500
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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