FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 17/10/2019 - Continue rebound, above 1580 for more upside

InvestorsDoctor
Publish date: Thu, 17 Oct 2019, 08:40 AM
Here we update timely info about FKLI

To get more information on local and foreign futures markets, u can join us at telegram and Facebook.

Join link: https://t.me/investorsdoctoracademy

Facebook: https://m.facebook.com/investorsdoctoracademy/


17/10/2019
 
*FKLI Oct 19*
 
Previous Close:  1572 +5
 
FKLI closed at 2 week high which is above 1570 level as tracking rebound in foreign market. US stock market took some profit last night, FKLI may trade in range today.
 
Hourly chart formed a double bottom rebound signal from around 1548 level, which is also RSI bullish divergence, close above 1576 to trigger more upside.
 
*Classic Support & Resistance* 
Resistance: 1590 1605
Support: 1560 1547
 
*Recommend Trading Plan for the day*
1. Buy 1576, stop 1573, profit 1579/1582
2. Sell 1570, stop 1573, profit 1567/1564
 
*FKLI Margin Requirement* 
Overnight  MYR 3000
Spread       MYR 500
 
Disclaimer: For idea sharing only, trade at your own risk
 
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
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment