FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 9/12/2019 - Close above 1572 level to trigger more rebound

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Publish date: Mon, 09 Dec 2019, 08:50 AM
Here we update timely info about FKLI

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9/12/2019
 
*FKLI Dec 19*
 
Previous Close:  1568 +5
 
US stock market up more than 300pts on last Friday, FKLI may gap up and test resistance.
 
Hourly chart continue testing rebound from oversold zone, close above 1572 to trigger more upside.
 
*Classic Support & Resistance* 
Resistance: 1580 1590
Support: 1560 1545
 
*Recommend Trading Plan for the day*
1. Buy 1570, stop 1567, profit 1573/1576/1579
 
*FKLI Margin Requirement* 
Overnight  MYR 3000
Spread       MYR 500
 
Disclaimer: For idea sharing only, trade at your own risk
 
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