FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 16/12/2019 - Testing rebound, above 1580 for more upside
InvestorsDoctor
Publish date: Mon, 16 Dec 2019, 09:25 AM
InvestorsDoctor
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Here we update timely info about FKLI
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16/12/2019
*FKLI Dec 19*
Previous Close: 1576.5 +4.5
FKLI continue to rebound on last Friday as supported by positive news from US-China trade deal. US stock market was mostly unchanged, while FKLI & Malaysia stock market see some profit taking today.
Hourly chart closed downside gap, required to break above 1680 to trigger more rebound signal.
*Classic Support & Resistance*
Resistance: 1580 1590
Support: 1570 1555
*Recommend Trading Plan for the day*
1. Trade in range 1565-1580
*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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