FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 21/10/2019 - Retreat from rebound, below 1560 to trigger more downside
InvestorsDoctor
Publish date: Mon, 21 Oct 2019, 08:53 AM
InvestorsDoctor
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Here we update timely info about FKLI
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21/10/2019
*FKLI Oct 19*
Previous Close: 1568.5 -7.5
FKLI ended lower on last Friday, plus US stock market dropped more than 250pts, FKLI may gap down and test support.
Hourly chart testing technical correction, close below 1560 level to trigger more downside.
*Classic Support & Resistance*
Resistance: 1580 1590
Support: 1560 1550
*Recommend Trading Plan for the day*
1. Sell 1566, stop 1569, profit 1563/1560
*FKLI Margin Requirement*
Overnight MYR 3000
Spread MYR 500
Disclaimer: For idea sharing only, trade at your own risk
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