FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 29/5/2019 - Gap down and back into sideway
InvestorsDoctor
Publish date: Wed, 29 May 2019, 08:53 AM
InvestorsDoctor
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Here we update timely info about FKLI
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29/5/2019
*FKLI May 19*
Previous Close: 1612 +14
Please be noted that May 19 will be expired by end of this week, traders may choose to trade Jun 19. FKLI marked a strong rebound yesterday to above 1610 but gap down on this morning after US stock market recorded an overnight loss with more than 200pts.
Hourly chart showed FKLI retreated from previous high at around 1613, back into range, remain range trading setup and wait for more breakout.
*Classic Support & Resistance*
Resistance: 1633.5 1645
Support: 1590.5 1573
*Recommend Trading Plan for the day*
1. Trade in range 1590-1613
*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
Created by InvestorsDoctor | Dec 30, 2019
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