FMBKLCI’s “seem” like forming a triangle pattern in supercycle wave (b) (yellow). Price seem like contracting before “exploring” to upside “ONLY” after 2027..P/s.. it seem like most Index. E.g US, Asian point to year 2025, 2035..
It has been an excellent rollercoaster for KLCI Indeks. We are in the midst of a downturn in pricing when the price of Ringgit will not stand a chance to recover in the next 2 years. While we are in the midst of dissolution in Malaysia. We do not have any current prime minister running for management. While this dissolution only makes the settlement in not go...
Based on the early analysis, KLCI is expected to fall to 1008 if it closes below 1270 on the monthly candle. Keep track of the monthly levels, the market is expected to be volatile due to the upcoming elections and the associated outcomes from the election.
Malaysia Health Care index which comprised mostly from Gloves / Pharmaceutical stocks may “found” its “bottom” as price near its major weekly demand Zone.
Pharma. As Malaysia Health Care Index which comprised mostly Pharmaceutical and Gloves stocks most likely found its “bottom”. While Malaysia Health Care Index found its bottom but not its KLCI index any reasons why?...
Aware of price action of stock. Buy after breakout trend line or buy on support
Pure speculation for fun. Don't make important decisions based on this. Gloves tend to lead KLCI recovery after a crash. SPX mid-term seasonality likely sideways at best before Q4 or with a bottom in September before rising towards mid-term elections in November. If KLCI were to "crash" and follow this pattern, it will start in August and bottom in...
OPCOM stock already make double bottom let see stock can break strong resistant BULL or make or find PULLBACK
JETSON at trendline support. Will make structure breaker or pullback
From 2003 to 2018, each cycle from peak to peak for FINANCE index lasts between 36-46 months. Recent high in early May 2022 is equivalent to 49 months. Other indicators: - Negative divergence on monthly chart (CCI) - Similar negative divergence also appear on the monthly chart for big caps like PBBANK, MAYBANK, HLBANK, CIMB.
KLCI “based” on its cycle analysis. KLCI is still forming its expanding flat pattern in (A)(B)(C)(cyan) in wave 2 ( Red Circled) which probably ONLY completed by end of 2022 as long term cycle 8 (purple) alway reached near by the red vertical line. (Year end).
KLCI. Reviewing Fmbklci’s waves structure. Possible forming a complex double three pattern which is (W)(X)(Y)( cyan/ light blue instead of triangle pattern on previous idea.
KLCI index currently “reside” @ around the “terminal/ center of gravity “ of universal Yin ( seller’s force) and Yang ( buyer’s force”..What do you “see first?” Or “think second?”....
KLCI Finally break below 1500 and reached 1490 as last wave e or last leg of bullish triangle as previous ideas. But “maybe” still having some “space” for downside until around 1480? As its “big brother” composed “stock” which is Tenaga still waits to break RM8.570 before “bottoming”?..
KLCI Index seem like still on its last leg to complete wave E ( Red Circled ) of a triangle /diamond pattern..Where price could reach at around 1490
KLCI possible have completed its bullish triangle pattern ABCDE (Red Circled ) (Highlights Zone). Price now in consolidating stage building a “Rocket” “Base” @ : - 1) Volume Profile POC ( Red Thick Horizontal line) , 2) Volume Weight Average Price ( yellow thick line 3) Price at Previous Supply Zone Flip to Support..AND before launching to the moon! Possible...
Slow turtle buy on breakout long term trend line Fift+ve Mcdx+ almost 0 retailers Atom swim above river TP 0.725 MYX:MFLOUR