BURSA INDEX 2000Prediction using method Descending Line Reversal Pattern, Elliot Wave, Confirmation BODTL HH and Fibonacci
Bursa index looking forward better soon. Life is BEGIN.
Related indices
KLCI BULLISH
This is just a continuation from my previous thesis of KLCI
*Refer to the link
Trading Range, forming the Schematic #2 of Accumulation
Need to refer other source for volume as TV doesnt provide it
KLCI BULLISH
This year, 2025, has been another challenging time in Bursa KLCI.
I have been on the sideline most of the time, since August 2024
We initiated our real positions on 14-17/3/2025, following the follow-through day ,
however some of the positions knocked out n some thriving (e.g ecomate, profit tak
FBMKLCI to retrace hopefully until 1510 onlyThe point also coincides with MA 200 (green) at the fibonacci level of 0.382
crypto market is rebounding
gold retracing
MYR currently strengthen against USD
FBMKLCI should be back to Wave 1fbmklci already went down, creating quite similar condition like the starting of covid and also april-may 2023
JPG MARK UP CAMPAIGNFor JGP, This is a Typical Rising Bottom (Schematic #2 of Accumulation)
Few reasons, should be pointed out :
1/ Based on Comparative Analysis , JPG somehow shows interest from the CO (JPG did HH HL, While General Market did HL LL)
-- This is a sweet spot
2/ Supply Evaporating (black arrow
KLCI - Correction in ProgressTrend : Uptrend
EW No.: Wave 1 to Wave 2. Wave B to Wave C.
Note: Currently I see a correction pattern of 535 in progress to complete the Wave 2. Wait for the completion of Wave 2 in the zone before taking any action.
Malaysian Economy is in an alret state. This month will be a challanging economy for Malaysia. With impact of USQ trade war, Malaysian economy also get hit. To be sure it''s not a small hit, but a super massive hit. If this coming weeks the trend keep on tumbling, and breaking the supports. A bearish run will bring along all the way down.
FBMKLCI going towards 1487currently wave is 3rd minor within 5th major wave
there will be rebound but then will be followed with the 5th minor wave within 5th major wave
if my wave calculation is correct, expect a bigger rebound = bullish when it completed 5th minor wave within 5th major wave
FBMKLCI hammer on daily timeframe may signal REVERSALminor wave is not the wave 2, need to recount the wave
Looking at the FTSE Bursa Malaysia KLCI Index chart, here's my analysis:
Current Price Action:
- Trading at 1,585.52, down 1.05%
- Currently testing key Fibonacci support levels
- In a potential wave (ii) correction
Elliott Wave Analysis:
- C
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current value of FTSE Bursa Malaysia KLCI Index is 1,585.59 MYR — it has fallen by −0.02% in the past 24 hours. Track the index more closely on the FTSE Bursa Malaysia KLCI Index chart.
FTSE Bursa Malaysia KLCI Index reached its highest quote on Jul 8, 2014 — 1,896.23 MYR. See more data on the FTSE Bursa Malaysia KLCI Index chart.
The lowest ever quote of FTSE Bursa Malaysia KLCI Index is 169.83 MYR. It was reached on May 2, 1986. See more data on the FTSE Bursa Malaysia KLCI Index chart.
FTSE Bursa Malaysia KLCI Index value has decreased by −0.70% in the past week, since last month it has shown a 3.24% increase, and over the year it's decreased by −5.02%. Keep track of all changes on the FTSE Bursa Malaysia KLCI Index chart.
The top companies of FTSE Bursa Malaysia KLCI Index are MYX:MAYBANK, MYX:PBBANK, and MYX:CIMB — they can boast market cap of 28.52 B MYR, 19.59 B MYR, and 18.56 B MYR accordingly.
The highest-priced instruments on FTSE Bursa Malaysia KLCI Index are MYX:NESTLE, MYX:PETDAG, and MYX:HLBANK — they'll cost you 93.92 MYR, 21.90 MYR, and 20.08 MYR accordingly.
The champion of FTSE Bursa Malaysia KLCI Index is MYX:GAMUDA — it's gained 46.12% over the year.
The weakest component of FTSE Bursa Malaysia KLCI Index is MYX:PPB — it's lost −32.69% over the year.
FTSE Bursa Malaysia KLCI Index is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy FTSE Bursa Malaysia KLCI Index futures or funds or invest in its components.
The FTSE Bursa Malaysia KLCI Index is comprised of 30 instruments including MYX:MAYBANK, MYX:PBBANK, MYX:CIMB and others. See the full list of FTSE Bursa Malaysia KLCI Index components to find more opportunities.