FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 12/12/2019 - Move within previous range, wait for more breakout

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Publish date: Thu, 12 Dec 2019, 08:41 AM
Here we update timely info about FKLI

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12/12/2019
 
*FKLI Dec 19*
 
Previous Close:  1560 -2
 
FKLI move in flat range yesterday as lack of volatility in foreign market. US stock market up near 30pts last night, FKLI likely to remain in range.
 
Hourly chart entered sideway, wait for more breakout.
 
*Classic Support & Resistance* 
Resistance: 1570 1590
Support: 1545 1530
 
*Recommend Trading Plan for the day*
1. Trade in range 1550-1570
 
*FKLI Margin Requirement* 
Overnight  MYR 3000
Spread       MYR 500
 
Disclaimer: For idea sharing only, trade at your own risk
 
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