FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 12/6/2019 - Retest 1650 level, close above 1656.5 for more upside
InvestorsDoctor
Publish date: Wed, 12 Jun 2019, 08:41 AM
InvestorsDoctor
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Here we update timely info about FKLI
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12/6/2019
*FKLI Jun 19*
Previous Close: 1648.5 -6
FKLI closed lower with some profit taking yesterday while US stock market erased its gains overnight, FKLI may test support level 1st today.
Hourly chart showed FKLI retreated from FIbo retracement level around 1651.5, watch out for potential RSI bearish divergence.
*Classic Support & Resistance*
Resistance: 1669.5 1694.5
Support: 1636 1615.5
*Recommend Trading Plan for the day*
1. Sell 1646, stop 1649, profit 1643/1640/1637
2. Look for buy signal at higher high above 1656.5
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
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