FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 2/12/2019 - Bearish reversal to retest 1550 support?
InvestorsDoctor
Publish date: Mon, 02 Dec 2019, 08:47 AM
InvestorsDoctor
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Here we update timely info about FKLI
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2/12/2019
*FKLI Dec 19*
Previous Close: 1565.5 -19
FKLI fell sharply on last Friday as dragged down by bearish sentiment in Asian market and local index stocks.
Hourly chart is more to bearish, may retest previous low at around 1550 level, but be cautious as RSI in oversold.
*Classic Support & Resistance*
Resistance: 1580 1590
Support: 1550 1540
*Recommend Trading Plan for the day*
1. Buy 1567, stop 1564, profit 1570/1573/1576
2. Sell 1562, stop 1565, profit 1559/1556/1553
*FKLI Margin Requirement*
Overnight MYR 3000
Spread MYR 500
Disclaimer: For idea sharing only, trade at your own risk
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More articles on FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 30/12/2019 - 1595 or 1620 wait for breakout
Created by InvestorsDoctor | Dec 30, 2019
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