FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 17/7/2019 - Testing technical correction, below 1660 for more downside
InvestorsDoctor
Publish date: Wed, 17 Jul 2019, 08:38 AM
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Here we update timely info about FKLI
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17/7/2019
*FKLI Jul 19*
Previous Close: 1669.5 -3.5
FKLI closed in range on pressure of foreign fund selling.
Daily chart showed FKLI testing 61.8 Fibo retracement level around 1670 level, close below 1664 to trigger more downside
*Classic Support & Resistance*
Resistance: 1690 1700
Support: 1650 1630
*Recommend Trading Plan for the day*
1. Trade in range 1660-1680
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
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