20/8/2019
*FKLI Aug 19*
Previous Close: 1592 -1
FKLI traded in flat range despite a strong rebound in foreign market, but US stock market rose again for more than 200pts last night, likely to limit downside of FKLI.
Hourly chart formed a more to bearish wave, below 1570 to trigger more downside, but be cautious of potential RSI bullish divergence.
*Classic Support & Resistance*
Resistance: 1605 1622
Support: 1576 1560
*Recommend Trading Plan for the day*
1. Trade in range 1585-1605
*FKLI Margin Requirement*
Overnight MYR 3000
Spread MYR 500
Join us to discuss & trade together FKLI, FCPO, WTI Crude Oil, Comex Gold, Mini Dow Jones etc Futures markets !!!
Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE futures trading videos !!!
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
Join our FREE channels to find out more on futures trading !!!
Telegram link:
https://t.me/investorsdoctoracademy
Facebook link:
https://www.facebook.com/investorsdoctoracademy
Or reach out to our contact number IDA Investors Doctor Academy
+601153537589