FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 6/12/2019 - Close above 1570 level to trigger more rebound

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Publish date: Fri, 06 Dec 2019, 08:37 AM
Here we update timely info about FKLI

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6/12/2019
 
*FKLI Dec 19*
 
Previous Close:  1563 +3
 
FKLI extended its gains yesterday as tracking rebound in foreign market. US stock market up slightly last night, FKLI may entered narrower movement.
 
Hourly chart continue testing rebound from oversold zone, close above 1570 to trigger more upside.
 
*Classic Support & Resistance* 
Resistance: 1570 1590
Support: 1545 1530
 
*Recommend Trading Plan for the day*
1. Trade in range 1555-1575
 
*FKLI Margin Requirement* 
Overnight  MYR 3000
Spread       MYR 500
 
Disclaimer: For idea sharing only, trade at your own risk
 
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