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FBMKLCI - Consolidation

FTSE Bursa Malaysia KLCI Index (FTSEMYX:FBMKLCI)  
AMianz  
FTSEMYX:FBMKLCI   FTSE Bursa Malaysia KLCI Index
Trend Analysis Chart Patterns Technical Indicators bursamalaysia bursasaham fbmklci covid-2019 MCO
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trendanalysis chartpattern indicator bursamalaysia bursasaham fbmklci covid-2019 mco
The consolidation period in the KLCI chart may be caused by the recent MCO announced by the government. It may trigger an alarm as the support area has been tested four times. Next is to monitor if the price rejecting or vice versa at the 50 SMA (red) level.
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