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HTB_Club

FKLI - Still Testing Crucial Support Level

Short
FTSE Bursa Malaysia KLCI Futures (MYX:FKLI1!)  
HTB_Club  
MYX:FKLI1!   FTSE Bursa Malaysia KLCI Futures
Trend Analysis Chart Patterns Technical Indicators fkli Bearish Patterns BB
4
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trendanalysis chartpattern indicator fkli bearish bb
FKLI - Our index future is still testing important support level at 1,580. Bollinger Band is narrowing which signals the index is seeking new direction. If it breaks below this important support, it will form bearish breakout from symmetrical triangle which is shall unleash stronger downside. RSI remains weak, no sign of recovery. Support again, is at 1,530
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