FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 26/4/2019 - Foreign fund sell again, likely to limit upside of FKLI

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Publish date: Fri, 26 Apr 2019, 08:55 AM
Here we update timely info about FKLI

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26/4/2019

*FKLI Apr 19*

Previous Close: 1628.5 -7

FKLI fell again on foreign fund selling to below 1630 yesterday. US stock market down for more than 130pts last night, may limit upside of FKLI.

Hourly chart showed FKLI move within previous range, wait for more breakout signal.

*Classic Support & Resistance*
Resistance: 1637 1650.5
Support: 1619.5 1609.5

*Recommend Trading Plan for the day*
1. Trade in range 1620-1640

*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500

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