FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 9/7/2019 - Technical correction from overbought, below 1670 for more downside
InvestorsDoctor
Publish date: Tue, 09 Jul 2019, 08:30 AM
InvestorsDoctor
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Here we update timely info about FKLI
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9/7/2019
*FKLI Jul 19*
Previous Close: 1678.5 -6
FKLI settled below 1680 level yesterday as tracking selling in foreign market. US stock market dropped mroe than 100pts las night, likely to limit upside of FKLI. Watch out for Msia interest rate decision on 3pm today.
Hourly chart showed FKLI entered into technical correction, close below 1670 to trigger more downside.
*Classic Support & Resistance*
Resistance: 1690 1700
Support: 1670 1650
*Recommend Trading Plan for the day*
1. Trade in range 1670-1690
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
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