FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 19/12/2019 - Year end window dressing coming?
InvestorsDoctor
Publish date: Thu, 19 Dec 2019, 08:40 AM
InvestorsDoctor
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Here we update timely info about FKLI
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19/12/2019
*FKLI Dec 19*
Previous Close: 1602 +22
FKLI rose more than 20pts yesterday to hit 1 month high as boosted by late buying, signaled a potential window dressing for the year end.
Daily chart's long white candle triggered strong rebound signal, close above 1620 level to trigger more upside.
*Classic Support & Resistance*
Resistance: 1610 1620
Support: 1590 1580
*Recommend Trading Plan for the day*
1. Buy 1606, stop 1603, profit 1609/1612/1615
2. Sell 1600, stop 1603, profit 1597/1594/1591
*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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