FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 17/9/2019 - Sideway to lower, wait for more breakout

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Publish date: Tue, 17 Sep 2019, 08:47 AM
Here we update timely info about FKLI

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17/9/2019

 
*FKLI Sep 19*
 
Previous Close:  1594 +4
 
FKLI traded in tight range on last Friday while US stock market dropped more than 140pts, FKLI may gap down today. 
 
Hourly chart formed a sideway to lower trend, wait for more breakout.
 
*Classic Support & Resistance* 
Resistance: 1605 1622
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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