FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 13/12/2019 - US-China phase one trade deal likely to send FKLI higher

InvestorsDoctor
Publish date: Fri, 13 Dec 2019, 08:34 AM
InvestorsDoctor
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Here we update timely info about FKLI

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Following Message


13/12/2019
 
*FKLI Dec 19*
 
Previous Close:  1572 +12
 
FKLI edged higher to above 1570 yesterday, plus US & China eventually reach a phase one trade deal, lifted US stock market for more than 200pts, expect FKLI to gap up and test resistance.
 
Hourly chart testing breakout from sideway, close above 1575 to trigger more rebound signal.
 
*Classic Support & Resistance* 
Resistance: 1590 1600
Support: 1560 1545
 
*Recommend Trading Plan for the day*
1. Buy 1575, stop 1572, profit 1578/1581/1584
 
*FKLI Margin Requirement* 
Overnight  MYR 3000
Spread       MYR 500
 
Disclaimer: For idea sharing only, trade at your own risk
 
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