FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 9/5/2019 - Testing rebound but overall in bearish trend
InvestorsDoctor
Publish date: Thu, 09 May 2019, 08:45 AM
InvestorsDoctor
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Here we update timely info about FKLI
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9/5/2019
*FKLI May 19*
Previous Close: 1633 -7
FKLI closed lower as tracking weaker foreign market yesterday. US stock market recovered its overnight losses, FKLI may retest 1740 resistance level again.
4H chart showed FKLI testing rebound from a RSI bullish divergence, close above 1640 to trigger more upside .
*Classic Support & Resistance*
Resistance: 1645 1656.5
Support: 1626.5 1609.5
*Recommend Trading Plan for the day*
1. Buy 1634, stop 1631, profit 1637/1640/1643
2. Look for sell signal below 1626.5
*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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