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IAN_fishball

KLCI index closed with bullish candlestick pattern

Long
FTSE Bursa Malaysia KLCI Index (FTSEMYX:FBMKLCI)  
IAN_fishball Updated   
FTSEMYX:FBMKLCI   FTSE Bursa Malaysia KLCI Index
Trend Analysis Chart Patterns
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trendanalysis chartpattern
KLCI index closed with a good candlestick pattern today, but it still within Key Candle support and resistance zone, once it breaks Key Candle high point and short term resistance, crossed check with KDJ, appear to be bottom deviation with the chart, it's good chance to have technical rebound soon, and chance to hit previous gab down resistance area. So KLCI is looking positive for short term trading. The worse case is KLCI go flat and accumulate within Key Candle resistance area.
Comment:
30/12 high hit main resistance area and closed with long upper shadow, is a sign of short term retracement. the Idea was fulfilled.
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