FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 22/4/2019 - Testing bottom rebound, close above 1630 for more upside

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Publish date: Mon, 22 Apr 2019, 08:37 AM
Here we update timely info about FKLI

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22/4/2019
 
*FKLI Apr 19*
 
Previous Close:  1627 +8
 
FKLI recovered part of its losses on last Friday during US holiday. 
 
Daily chart confirmed formation of dragonfly doji, may continue to test rebound, close above 1630 to trigger more upside.
 
*Classic Support & Resistance* 
Resistance: 1632.5 1640.5
Support: 1621 1609.5
 
*Recommend Trading Plan for the day*
1. Sell 1624, stop 1627, profit 1621/1618/1615
2. Buy 1630 for technical rebound, stop 1627, profit 1633/1636/1639
 
*FKLI Margin Requirement* 
Overnight  MYR 4000
Spread       MYR 500
 
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