KLCI Perlu break paras 1618.70 utk meneruskan Bull dan akan test paras resistance terdekat 1692.27.
Sekiranya turun pecah trendline ianya akan test semula paras support 1554.98, bocor akan test 1472.66.
Selagi atas trendline GOOD!
Pergerakan KLCI sedikit sebanyak akan memberi impak kepada kaunter2 bursa.
Sharing di atas adalah kajian semata...
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The reasons why I only look at facts/data and not opinions because you can't not cheat or hide facts.
Here is one example. Year to date, Malaysia FMBACE index which represents small cap and penny stocks have been...
Kemaskini KLCI : KLCI kini sudah jelas membuat pergerakkan 5 gelombang naik. Ini boleh jadi satu petanda awal bahawa KLCI sudah berjaya keluar dari bear market.
Secara kasar kelihatan pergerakkan 5 gelombang naik ini sudah lengkap, dan kini kita menantikan pergerakkan 3 gelombang kejatuhan yang bersifat korektif untuk berlaku pada bila bila masa sahaja.
Recently, FBMKLCI Index is rebound back previous high but cannot break out 1587 and stand above , and RSI indicator is shown bearish divergence .
1563 and 1553 as reference points, if FBMKLCI triggered it, market may go down...
Be cautions !
Despite KLCI went to 1628 to previous support, we are looking at the sectors that behave differently. The top 4 sectors are; Technology, Construction, Small Cap and Industrial Products.
Timeframe : YTD.
FBMKLCI is closed at a new 7-month (2020) high at 1,611.42
However, the price is making a higher high (HH), but the Relative Strength Index is making a lower high (LH). This indicates the current market action is losing its momentum and weakening, meaning it could soon change direction.
Based on the chart pattern available and my best knowledge on applying Elliott Wave Principle, I'm currently seeing FBMKLCI undergoing its first big major bear market.
Based on currently available information, the 1998 financial crisis decline is best counted as A-B-C decline correction, and the subsequent rally from 1998 bottom to 2018 top is best intepreted as a...
Due to unprecendented market intervention by various central banks, we are witnessing an increasingly volatile market. Gone are the days where market moves in orderly manner with orderly pullback in between.
Instead, corrective waves are exhibiting strong movements akin to impulsive moves.
Market can be imagined as having two throttles at extreme...