FKLI
FKLI Spot Month Futures - 23 June 2026
Tue, 23-Jun-2026 10:15 am
by Dealing Team • Apex Futures

FKLI
Pivot
1712
Resistance
1715 / 1722 / 1727 / 1732
Support
1686 / 1690 / 1695 / 1700
Possible Range
1700 to 1730
Strategy
Long positions may be opened above 1714 with targets at 1722/1727 and stop-loss at 1708
Short positions may be opened below 1702 with targets at 1690/1695 and stop-loss at 1715

FKLI May month down 12.5 points or 0.73% to closed at 1703.5 in previous session. Asia-Pacific markets were set to open higher Tuesday as investors welcomed signs of progress in U.S.-Iran negotiations.

S&P 500 futures traded near the flatline on Monday night after a sell-off in tech giants dragged down the broad market index. S&P 500 futures lost 0.1%, and Nasdaq 100 futures slid 0.2%. Futures tied to the Dow Jones Industrial Average rose 22 points, or less than 0.1% to closed at 51718.

Based on the daily chart, the contract continued to trade above the 200-day SMA, indicating that the broader market structure remains supportive. However, short-term momentum has started to weaken as selling pressure emerged during yesterday’s session. Despite the longer-term bullish trend remaining intact, the market displayed bearish sentiment in the near term, suggesting the possibility of further consolidation or downside movement if selling interest persists.

The immediate resistance zone is located between 1,715 and 1,722, while initial support is found on the 50-day SMA line at 1,705. A potential consolidation around 1715 -1730 could be expected in near term before a new direction forms.  The nearest support and resistance levels are currently estimated at 1,700 and 1,715, respectively.

(News Source: CNBC, The Star)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.131730 4.163584
EUR 4.750311 4.753957
CNY 0.611701 0.612173
HKD 0.527237 0.530801
SGD 3.196791 3.218482