After a very long term bearish since 2018, we can see now KLCI starts to recover. We can expect the price will move up to 16% to find a previous supply zone. However, the price still retest at demand zone and might be a good opportunity to buy the index at discounted price.
p/s: the index correlated with stock market so we can start to build our watchlist to filter which stock can be potential to buy at lower price.