FKLI
FKLI Spot Month Futures - 8 December 2023
Mon, 11-Dec-2023 09:41 am
by Dealing Team • Apex Futures

FKLI
Pivot
1444
Resistance
1446 / 1452 / 1460
Support
1438 / 1436 / 1428
Possible Range
1438 to 1446
Strategy
Long positions may be opened above 1446 with targets at 1449/1452 and stop-loss at 1441
Short positions may be opened below 1444 with targets at 1438/1436 and stop-loss at 1449

Following the mixed performance of the US market, the FKLI could trade within the range. A break below 1441 (yesterday's low) would target 1438/1436. On the flip side, the next resistance is located at 1444 (Pivot), followed by 1446 (R1), and finally 1449 (Yesterday’s high).

(News Source: The Edge; Reuters)

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Market Mover
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