FKLI
FKLI Spot Month Futures - 22 July 2026
Wed, 22-Jul-2026 10:26 am
by Dealing Team • Apex Futures

FKLI
Pivot
1723
Resistance
1720 / 1724 / 1728 / 1732
Support
1704 / 1708 / 1712 / 1716
Possible Range
1710 to 1725
Strategy
Long positions may be opened above 1720 with targets at 1724/1728 and stop-loss at 1712
Short positions may be opened below 1715 with targets at 1708/1712 and stop-loss at 1730

FKLI July month down 5 points or -0.29% to closed at 1720.5 in previous session. The FBM KLCI failed to rebound as trading commenced on Wednesday despite the rally in US stocks overnight as Wall Street traders looked ahead to the release of bellwether tech earnings.

Futures tied to the Dow Jones Industrial Average dipped just 16 points. S&P 500 futures and Nasdaq-100 futures were both flat.

The active FKLI contract is trading at 1717 area, having broken below the previous support level, which has now turned into resistance. Selling pressure has persisted since the opening session, with a strong bearish candle indicating that downside momentum remains intact and providing opportunities for short positions. Intraday resistance is seen around 1722–1725, while the next support is identified at 1710–1715.

Overall, traders are advised to remain cautious and wait for a clear direction before entering new positions. The immediate key support and resistance levels are identified at 1716 and 1720, respectively.

(News Source: CNBC)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.065852 4.097386
EUR 4.589381 4.597416
CNY 0.610175 0.610647
HKD 0.518032 0.522054
SGD 3.177971 3.202709