FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 28/8/2019 - In range as market still in pressure, wait for more breakout
InvestorsDoctor
Publish date: Wed, 28 Aug 2019, 08:36 AM
InvestorsDoctor
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Here we update timely info about FKLI
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28/8/2019
*FKLI Aug 19*
Previous Close: 1585 -7.5
FKLI closed lower yesterday, remain below 1600 as pressured by US-China trade worries. US stock market fell more than 100pts last night, FKLI may continue to move in range.
Hourly chart formed a sideway to lower trend, wait for more breakout.
*Classic Support & Resistance*
Resistance: 1596 1605
Support: 1573 1560
*Recommend Trading Plan for the day*
1. Trade in range 1580-1600
*FKLI Margin Requirement*
Overnight MYR 3000
Spread MYR 500
Disclaimer: For idea sharing only, trade at your own risk
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Daily Futures Commentaries: [FKLI Malaysia Index] 30/12/2019 - 1595 or 1620 wait for breakout
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