FKLI

FKLI had a huge decline by dipping down to below 1600's and settled at 1591 on the last trading day of 2019. The index was partially dragged down by the profit-taking in the KLCI counters whereby most of the investors were clearing off for the new year.

Plan A : Attempt to long if markets rebounds from 1598. Cut below 1594.

Plan B : Targets are 1601.5, 1605 and 1608.

Plan C : Attempt to short if market recovers but does not breach above 1606. Cut above 1609.5.

Plan D :Targets are 1602.5, 1599 and 1595.5.

FCPO

FCPO surged from 3043 and tip-off at 3123 towards the second session. Dalian closed negative while Ringgit strengthen at RM4.08 against the greenback.   

Plan A : Long if market supported firm above 3097. Targets are 3111 and 3129.

Plan B : Short if market failed to support above 3097. Targets are 3084 and 3072.

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