Market trajectory for the remaining 2022

According to the latest data release on Q2 GDP growth, klci are looking bullish and with the general election outlook being the focal point or the remaining month of 2022. Technical view of the forecast , expecting the target 1710 to be reach high are formed around 1695 and likely to trade pass that price. Looking forward on the remaining GDP data for more information.

Consolidation may occur when passing 1610 mark . Awaiting for the next catalyst on September for Quarter result.

Comment:

Reconcile target for end of year 2022 to point 1570 .
Expecting a good bull run starting Q2 2023.