FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 28/2/2019 - Trade in range 1700-1720
InvestorsDoctor
Publish date: Thu, 28 Feb 2019, 08:35 AM
InvestorsDoctor
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Here we update timely info about FKLI
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28/2/2019
FKLI Mar 19
Previous Close: 1710 -3.5
Please be noted that Feb 19 contract will be expired by end of today, traders may choose to trade Mar 19. FKLI down slightly to test 1710 level yesterday as tracking weakness in foreign market. Watch out for Msia PPI Jan 19 on 12pm.
Hourly chart showed technical correction continue in a rebound stage while technical indicators crossing down, close below 1706 to trigger more downside.
Classic Support & Resistance
Resistance: 1717 1725
Support: 1703.5 1694
Recommend Trading Plan for the day:
1. Sell 1705, stop 1708, profit 1702/1699/1696.
FKLI Margin Requirement
Overnight MYR 4000
Spread MYR 500
Disclaimer: Idea sharing only, trade at your own risk.
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Daily Futures Commentaries: [FKLI Malaysia Index] 30/12/2019 - 1595 or 1620 wait for breakout
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