FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 22/7/2019 - Sustain above 1650 level, close below 1650 to trigger more correction
InvestorsDoctor
Publish date: Mon, 22 Jul 2019, 08:38 AM
InvestorsDoctor
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Here we update timely info about FKLI
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22/7/2019
*FKLI Jul 19*
Previous Close: 1658 +6.5
FKLI recovered part of its losses on last Friday while US stock market down nearly 70pts. FKLI likely to move in range
Hourly chart showed a rebound from 61.8 Fibo retracement level of swing 1573-1700, watch out for potential RSI bullish divergence and close below 1650 for more downside.
*Classic Support & Resistance*
Resistance: 1664 1674
Support: 1647 1633
*Recommend Trading Plan for the day*
1. Trade in range 1650-1670
*FKLI Margin Requirement*
Overnight MYR 4000
Spread MYR 500
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Daily Futures Commentaries: [FKLI Malaysia Index] 30/12/2019 - 1595 or 1620 wait for breakout
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