FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 21/6/2019 - US rose more than 200pts, FKLI may gap up
InvestorsDoctor
Publish date: Fri, 21 Jun 2019, 08:45 AM
InvestorsDoctor
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Here we update timely info about FKLI
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21/6/2019
*FKLI Jun 19*
Previous Close: 1673.5 +5
FKLI settled at 3 month high yesterday after US Fed raised hope for interest cut later this year and boosted stock markets.
4H chart pointed a more to bullish wave as index held above 61.8 Fibo retracement level, may retest 1700-1730 resistance level, but watch out for potential RSI bearish divergence.
*Classic Support & Resistance*
Resistance: 1687.5 1694.5
Support: 1666 1653
*Recommend Trading Plan for the day*
1. Buy 1676, stop 1673, profit 1679/1682/1685
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
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