FBMKLCI Monthly POV Short

FTSE Bursa Malaysia KLCI IndexFTSE

Description

⋅ Jun 26, 2022 10:25 PM

Technical reasons:
Double Top confirmation
Structure broken
Failed to make series of higher high
Downtrend Continuation
Cup & Handle in the making..

Fundamental reasons:
Inflation
rate hike
rising oil prices
Russia Ukraine conflict