![](/files/my/blog/img/bl3936_fkli260219.png)
26/2/2019
*FKLI Feb 19*
Previous Close: 1725.5 +4
Please be noted that Feb 19 contract will be expired on this Thurs 28/2, traders may choose to trade Mar 19. FKLI closed in flat range yesterday while US stock market up around 60pts, FKLI may continue to move in range, wait for breakout.
Hourly chart showed FKLI entered consolidation from RSI overbought, which is also 50% Fibo retracement level of swing 1828.5-1631.5, wait for more breakout signal.
*Classic Support & Resistance*
Resistance: 1729.5 1739.5 1749.5
Support: 1714.5 1708.5 1699
*Recommend Trading Plan for the day:*
1. Look for buy signal above 1730.
2. Trade in range 1710-1730.
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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