FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 13/11/2019 - Remain in rebound stage, above 1620 for more upside

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Publish date: Wed, 13 Nov 2019, 08:26 AM
Here we update timely info about FKLI

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13/11/2019
 
*FKLI Nov 19*
 
Previous Close:  1613 +4.5
 
FKLI bounced back to above 1610 level while foreign market in flat range, as market wait for more catalyst.
 
4H chart formed higher highs & lows, more to bullish, but be cautious of potential RSI bearish divergence.
 
*Classic Support & Resistance* 
Resistance: 1622 1636
Support: 1597 1581
 
*Recommend Trading Plan for the day*
1. Trade in range 1600-1620
 
*FKLI Margin Requirement* 
Overnight  MYR 3000
Spread       MYR 500
 
Disclaimer: For idea sharing only, trade at your own risk
 
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