FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 17/6/2019 - Break below 1640, sentiment turned bearish
InvestorsDoctor
Publish date: Mon, 17 Jun 2019, 08:35 AM
InvestorsDoctor
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Here we update timely info about FKLI
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17/6/2019
*FKLI Jun 19*
Previous Close: 1636 -6.5
FKLI dropped to below 1640 level on last Friday as tracking weakness in foreign market.
4H chart showed index retreated from 50% Fibo retracement level, close below 1630 will trigger more downside.
*Classic Support & Resistance*
Resistance: 1656.5 1694.5
Support: 1615.5 1589.5
*Recommend Trading Plan for the day*
1. Sell 1633, stop 1636, profit 1630/1627/1624
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
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