FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 18/10/2019 - Continue rebound, above 1580 for more upside

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Publish date: Fri, 18 Oct 2019, 08:32 AM
Here we update timely info about FKLI

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18/10/2019
 
*FKLI Oct 19*
 
Previous Close:  1576 +4
 
FKLI ended higher yesterday on positive market sentiment, while US stock market retest 27000 level.
 
Hourly chart continue rebound with higher highs & lows, close above 1580 level to trigger more upside.
 
*Classic Support & Resistance* 
Resistance: 1590 1605
Support: 1560 1547
 
*Recommend Trading Plan for the day*
1. Buy 1578, stop 1575, profit 1581/1584
 
*FKLI Margin Requirement* 
Overnight  MYR 3000
Spread       MYR 500
 
Disclaimer: For idea sharing only, trade at your own risk
 
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