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Oh! Futures Kuala Lumpur Index Marching to Support Level 1550?

Short
FTSE Bursa Malaysia KLCI Futures (MYX:FKLI1!)  
happytrading96  
MYX:FKLI1!   FTSE Bursa Malaysia KLCI Futures
Trend Analysis Chart Patterns Technical Indicators fkli1 fkli malaysia budget
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trendanalysis chartpattern indicator fkli1 fkli malaysia budget
Profit taking activities and market lack of catalyst led market lower ahead of the announcement of Malaysia Budget 2022 by 29 Oct 2021.

Stochastic shows buying forces deteriorating.

Maintain short term correction view with immediate support level at 1550 and next support level at 1520.

Market may rebound after tomorrow announcement. We shall see market resume uptrend by next week.


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