FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 13/8/2019 - Sharp fall in US market likely to drag down FKLI
InvestorsDoctor
Publish date: Tue, 13 Aug 2019, 08:34 AM
InvestorsDoctor
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Here we update timely info about FKLI
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13/8/2019
*FKLI Aug 19*
Previous Close: 1612 -3
FKLI ended slightly lower on last Friday as profit taking ahead of long weekend. US fell near 400pts during Msia holiday, FKLI may gap down and test support. Watch out for Msia retail sales data on 12pm today.
Hourly chart continue rebound from RSI oversold, close above 1620 to trigger more upside.
*Classic Support & Resistance*
Resistance: 1625 1636
Support: 1596 1585
*Recommend Trading Plan for the day*
1. Sell 1609, stop 1612, profit 1606/1603
*FKLI Margin Requirement*
Overnight MYR 3000
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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