FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 30/4/2019 - Enter sideway, trade in range 1st and wait for breakout

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Publish date: Tue, 30 Apr 2019, 08:09 AM
Here we update timely info about FKLI

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30/4/2019
 
*FKLI May 19*
 
Previous Close:  1632 +0
 
Please be noted that today is the last day for Apr 19, traders may choose to trade May 19. FKLI moved in tight range yesterday but foreign fund selling may limit upside of FKLI. Watch out for Msia PPI data on 12pm today.
 
Hourly chart showed FKLI entered a sideway, wait for more breakout signal
 
*Classic Support & Resistance* 
Resistance: 1640 1650
Support: 1620 1610
 
*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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