FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 4/11/2019 - Above 1600 for more upside

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Publish date: Mon, 04 Nov 2019, 08:42 AM
Here we update timely info about FKLI

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4/11/2019
 
*FKLI Nov 19*
 
Previous Close:  1592 +1
 
FKLI traded in flat range last Friday but DJ up more than 300pts, may limit downside of FKLI. Watch out for Msia balance of trade data on 12pm today.
 
4H chart testing breakout from short term sideway , close above 1600 level to trigger more upside.
 
*Classic Support & Resistance* 
Resistance: 1605 1622
Support: 1581 1563
 
*Recommend Trading Plan for the day*
1. Buy 1593, stop 1590, profit 1596/1599/1602
 
*FKLI Margin Requirement* 
Overnight  MYR 3000
Spread       MYR 500
 
Disclaimer: For idea sharing only, trade at your own risk
 
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