15/8/2019
FKLI Aug 19
Previous Close: 1595 +8.5
FKLI showed some rebound yesterday but still below 1600 level. US stock market fell 800pts after bond market sends recession warning, FKLI likely to gap down and test previous low.
Hourly chart formed a more to bearish wave, below 1580 to trigger more downside.
Classic Support & Resistance
Resistance: 1605 1622
Support: 1584 1560
Recommend Trading Plan for the day
1. Sell 1592, stop 1595, profit 1589/1586/1583
FKLI Margin Requirement
Overnight MYR 3000
Spread MYR 500
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