FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 4/10/2019 - Break down from sideway, more to bearish
InvestorsDoctor
Publish date: Fri, 04 Oct 2019, 08:40 AM
InvestorsDoctor
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Here we update timely info about FKLI
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4/10/2019
*FKLI Oct 19*
Previous Close: 1560 -13
FKLI extended its losses yesterday to test 1560 level as dragged down by weaker global sentiment.
Hourly chart break down from sideway, more to bearish, below 1560 to trigger more downside, but be cautious as RSI in oversold.
*Classic Support & Resistance*
Resistance: 1570 1590
Support: 1550 1530
*Recommend Trading Plan for the day*
1. Sell 1558, stop 1561, profit 1555/1552/1549
*FKLI Margin Requirement*
Overnight MYR 3000
Spread MYR 500
Disclaimer: For idea sharing only, trade at your own risk
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