FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 15/3/2019 - Entering range, wait for more breakout
InvestorsDoctor
Publish date: Fri, 15 Mar 2019, 08:32 AM
InvestorsDoctor
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Here we update timely info about FKLI
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15/3/2019
*FKLI Mar 19*
Previous Close: 1670.5 -6.5
FKLI down to near 1670 level on pressure of foreign fund selling and profit taking in foreign market. US stock market reversed its losses last night, FKLI may continue to move in range.
Hourly chart showed FKLI move in tight range in between 23.6%-50% Fibo retracement level of swing 1631.5-1729.5, wait for breakout.
*Classic Support & Resistance*
Resistance: 1680 1690
Support: 1656 1638.5
*Recommend Trading Plan for the day*
1. Trade in range 1660-1680.
*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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