Pohle

FTSE BURSA MALAYSIA KLCI Update 17/04/2019

FTSEMYX:FBMKLCI   FTSE Bursa Malaysia KLCI Index
FBM KLCI is standing at the support 1616 pt. This support line is the lowest since 2016 and if breakout downwards would see a support at 1548 pts.

On top of that, FBM KLCI is forming the Elliott 5th Wave downwards, we will see a reversal pattern or breakout of support at 1610 pts.

SUMMARY:
Downward -> Support at 1548 pts
Upward -> Resistance at 1729 pts
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