FKLI Updates

Daily Futures Commentaries: [FKLI Malaysia Index] 26/12/2019 - Close above 1620 for more upside

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Publish date: Thu, 26 Dec 2019, 08:50 AM
Here we update timely info about FKLI

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26/12/2019
 
*FKLI Dec 19*
 
Previous Close:  1609.5 -2.5
 
FKLI closed slightly lower before holiday on profit taking. US stock market was little change, expect FKLI to move in range.
 
Hourly chart formed higher highs & lows, more to bullish, close above 1620 level for more upside.
 
*Classic Support & Resistance* 
Resistance: 1620 1640
Support: 1595 1580
 
*Recommend Trading Plan for the day*
1. Trade in range 1600-1620
 
*FKLI Margin Requirement* 
Overnight  MYR 3000
Spread       MYR 500
 
Disclaimer: For idea sharing only, trade at your own risk
 
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