FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 17/12/2019 - Testing rebound, above 1580 for more upside

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Publish date: Tue, 17 Dec 2019, 08:43 AM
Here we update timely info about FKLI

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17/12/2019
 
*FKLI Dec 19*
 
Previous Close:  1572 -4.5
 
FKLI move in range yesterday. US stock market rose around 100pts yesterday but futures drop more than 50pts this morning, expect FKLI to remain in range.
 
Hourly chart move within previous range, required to break above 1680 to trigger more rebound signal.
 
*Classic Support & Resistance* 
Resistance: 1580 1590
Support: 1565 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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