FKLI Updates
Daily Futures Commentaries: [FKLI Malaysia Index] 27/12/2019 - Close below 1595 to trigger technical correction
InvestorsDoctor
Publish date: Fri, 27 Dec 2019, 08:44 AM
InvestorsDoctor
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Here we update timely info about FKLI
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27/12/2019
*FKLI Dec 19*
Previous Close: 1600.5 -9
FKLI extended its losses to test 1600 level yesterday, but US stock market rose more than 100pts last night, likely to limit downside of FKLI.
Hourly chart testing technical correction, close below 1595 to trigger more downside.
*Classic Support & Resistance*
Resistance: 1610 1620
Support: 1595 1580
*Recommend Trading Plan for the day*
1. Buy 1601, stop 1598, profit 1604/1607/1610
2. Sell 1599, stop 1602, profit 1596/1593/1590
*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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