FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 21/2/2019 - Bullish signal, watch out for next Fibo price level

InvestorsDoctor
Publish date: Thu, 21 Feb 2019, 08:26 AM
Here we update timely info about FKLI

To get more information on local and foreign futures markets, u can join us at telegram and Facebook.

Join link: https://t.me/investorsdoctoracademy

Facebook: https://m.facebook.com/investorsdoctoracademy/



22/2/2019

 
*FKLI Feb 19*
 
Previous Close: 1727 +19.5
 
FKLI hit more than 3 months high as led by strong rebound in index stocks. US stock market up more than 60pts last night, FKLI likely continue its rebound stage. 
 
Daily chart formed 2nd long white candle, marked a bullish momentum yo test immediate previous high at 1729, which is also 50% Fibo retracement level of swing 1828.5-1631.5. 4H chart's BB expanding upside while RSI & MACD crossing up, more to bullish, but be cautious as RSI in overbought, may see some profit taking before it going higher.
 
 *Classic Support & Resistance* 
Resistance: 1729 1739.5 1749.5
Support: 1717.5 1708.5 1699
 
 *Recommend Trading Plan for the day:*
1. Look for buy signal above 1730.
 
 *FKLI Margin Requirement* 
Overnight MYR 4000
Spread MYR 500
 
Disclaimer: Idea sharing only, trade at your own risk.
 
Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE futures trading videos !!!
 
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
 
Join our FREE channels to find out more on futures trading !!!
 
Telegram link:
https://t.me/investorsdoctoracademy
 
Facebook link:
https://m.facebook.com/investorsdoctoracademy
 
Or reach out to our contact number +601153537589
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment