20/12/2019
*FKLI Dec 19*
Previous Close: 1603.5 +1.5
FKLI testing 1 month high and close higher yesterday, watch out for potential year end window dressing. Msia inflation rate data Nov 2019 will be released on 12pm today.
Hourly chart formed higher highs & lows, more to bullish, but be cautious as RSI in overbought.
*Classic Support & Resistance*
Resistance: 1610 1620
Support: 1590 1580
*Recommend Trading Plan for the day*
1. Trade in range 1590-1610
*FKLI Margin Requirement*
Overnight MYR 3000
Spread MYR 500
Disclaimer: For idea sharing only, trade at your own risk
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