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spiritedDingo47834

KLSE Interesting Period ahead

FTSE Bursa Malaysia KLCI Index (FTSEMYX_DLY:FBMKLCI)  
spiritedDingo47834 Updated   
FTSEMYX_DLY:FBMKLCI   FTSE Bursa Malaysia KLCI Index
Chart Patterns
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chartpattern
KLSE Index is getting an interesting phase with long term support and medium term downturn is converging. Over the next 3 - 6 months we should see a breakout from the long triangle build up. Looking at the short term build up it looks like an upward bias for now.. Lets see how this plays out.
Comment:
Finally a breakout above the 5 years trendline and it is sustaining... will continue to be long with support around 1400
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