26/7/2019
*FKLI Jul 19*
Previous Close: 1655.5 +10
FKLI settled higher yesterday as boosted by bullish news on index stocks such as Genting Malaysia and revive of ECRL project. US stock market fell more than 100pts last night, FKLI may move in range.
4H chart testing rebound from RSI bullish divergence, required to close above middle line of BB to trigger double bottom rebound signal.
*Classic Support & Resistance*
Resistance: 1664 1674
Support: 1645 1633
*Recommend Trading Plan for the day*
1. Trade in range 1645-1665
*FKLI Margin Requirement*
Overnight MYR 3000
Spread MYR 500
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