FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 23/10/2019 - Rebound from support level, close above 1580 for more upside

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Publish date: Wed, 23 Oct 2019, 08:48 AM
Here we update timely info about FKLI

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23/10/2019
 
*FKLI Oct 19*
 
Previous Close:  1576 +7.5
 
FKLI closed higher yesterday as tracking rebound in foreign market while US stock market traded in range. Watch out for Msia inflation rate on 12pm today.
 
Hourly chart rebound from 1560 support level, close above 1580 level to trigger more upside.
 
*Classic Support & Resistance* 
Resistance: 1595 1605
Support: 1560 1550
 
*Recommend Trading Plan for the day*
1. Trade in range 1565-1585
 
*FKLI Margin Requirement* 
Overnight  MYR 3000
Spread       MYR 500
 
Disclaimer: For idea sharing only, trade at your own risk
 
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