FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 10/12/2019 - May retest 1545 previous low
InvestorsDoctor
Publish date: Tue, 10 Dec 2019, 08:40 AM
InvestorsDoctor
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Here we update timely info about FKLI
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10/12/2019
*FKLI Dec 19*
Previous Close: 1558 -10
FKLI ended 3 winning streaks with 10pts of losses yesterday, as weighed down by selloff in index stocks. US stock market down more than 100pts, may limit upside of FKLI.
Hourly chart failed to sustain above 1570 level and retreated from 38.2 Fibo retracement level, may retest 1545 previous low.
*Classic Support & Resistance*
Resistance: 1570 1590
Support: 1545 1530
*Recommend Trading Plan for the day*
1. Sell 1557, stop 1560, profit 1554/1551/1548
*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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