FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 20/9/2019 - Sideway to lower, wait for more breakout

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Publish date: Fri, 20 Sep 2019, 08:35 AM
Here we update timely info about FKLI

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20/9/2019
 
*FKLI Sep 19*
 
Previous Close:  1589.5 -2.5
 
FKLI traded in flat yesterday while US stock market also in range, expect FKLI continue in sideway.
 
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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