FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 15/11/2019 - Technical sell down, below 1590 for more correction

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Publish date: Fri, 15 Nov 2019, 08:29 AM
Here we update timely info about FKLI

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15/11/2019

 
*FKLI Nov 19*
 
Previous Close: 1595.5 +2
 
FKLI recovered slightly from previous sharp fall while US stock market in tight range yesterday, FKLI may move into sideway today. Watch out for Msia GDP on 12pm.
 
Hourly chart remains below double top bearish chart pattern, close below 1590 to trigger more downside.
 
*Classic Support & Resistance* 
Resistance: 1605 1610
Support: 1590 1580
 
*Recommend Trading Plan for the day*
1. Trade in range 1585-1605
 
*FKLI Margin Requirement* 
Overnight MYR 3000
Spread MYR 500
 
Disclaimer: For idea sharing only, trade at your own risk
 
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