FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 19/2/2019 - Remains in sideway despite a strong rebound in foreign index market

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Publish date: Tue, 19 Feb 2019, 08:35 AM
Here we update timely info about FKLI

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19/2/2019

 
*FKLI Feb 19*
 
Previous Close: 1689.5 +3
 
FKLI closed slightly higher yesterday as tracking strength in foreign index market, but still remain in sideway trend.  
 
Daily chart showed FKLI in a sideway within the range from 1660-1710, technical indicators too in neutral zone, traders may look for range trading setup 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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