FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 2/5/2019 - Enter sideway, trade in range 1st and wait for breakout
InvestorsDoctor
Publish date: Thu, 02 May 2019, 08:47 AM
InvestorsDoctor
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Here we update timely info about FKLI
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2/5/2019
*FKLI May 19*
Previous Close: 1636 +4
FKLI closed slightly higher before holiday, yet unable to hold above 1640 level as pressured by foreign fund selling. US stock market edged lower during holiday, FKLI may gap down and test support 1st.
Hourly chart showed FKLI entered a sideway, wait for more breakout signal, close above 1640 to trigger more upside.
*Classic Support & Resistance*
Resistance: 1655 1669.5
Support: 1609.5 1600
*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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Daily Futures Commentaries: [FKLI Malaysia Index] 30/12/2019 - 1595 or 1620 wait for breakout
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