23/7/2019
FKLI Jul 19
Previous Close: 1651.5 -6.5
FKLI closed lower yesterday, erased gains in previous session. US stock market not much changes yesterday, FKLI likely to move in range 1st.
Hourly chart showed FKLI testing 61.8 Fibo retracement level of swing 1573-1700 around 1650 level, watch out for potential RSI bullish divergence and close below 1650 for more downside.
Classic Support & Resistance
Resistance: 1664 1674
Support: 1634 1626
Recommend Trading Plan for the day
1. Trade in range 1640-1660
FKLI Margin Requirement
Overnight MYR 3000
Spread MYR 500
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