Prediction using method Descending Line Reversal Pattern, Elliot Wave, Confirmation BODTL HH and Fibonacci Bursa index looking forward better soon. Life is BEGIN.
INDEX:KLSE FTSEMYX:FBMKLCI Will breakout ? Whole the market looking of when the US Federal Reserve will raise interest rates.
Price currently been trading at secondary test phase C after shakeout settled above middle BB. Bullish engulfing on 31 Dec 21 lower acting as immediate support $1533. Head and shoulders pattern spotted in phase B into phase C confirming this shakeout could be valid. Bullish divergence spotted on 3 Feb 20 high 30 Jul low indicate a bullish might taking control...
KLCI 9/1/2022 Banking Stocks and Recovery stocks are doing quite well recently lifting up KLCI indices. 1520 can be a new support now.
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...
Expecting a short-term price recovery before continuing to take off.
KLSE rebound or not? There are some clues that lead into breakout which benefit day traders.
Price currently at shakeout phase C . im expecting price might moving towards resistance from this current level.
I'm expecting nice window dressing, and good start from KLCI next year. due to 5G rollout program.
KLCI 11/12/2021 1480 Temporary supported but cannot see any momentum coming in yet. Overall market volume remain low.
If level 1470 not breaking down then we can predict bullish coming in 2022, if break bearish, this is only my prediction.
May be the correction will end soon and then bullish is underway.
KLCI 13/11/2021 1546 , 1560 will be the first two strong resistants for now but good sign is KLCI able to hold in the sideway trend with the rebound on Friday.
expected je la kot gni, dia menurun dan rebounce smula
FBMKLCI exact high is forecasted on the vertical line on the daily chart
Technical analysis for FBMKLCI Stock based on Trend Analysis, Chart Pattern and VPA
Bigger picture - this cycle that started after the 1998 Asian financial crisis is coming to an end. Expecting a major 70-80% drop possibly in first half of 2022. Prior to this we may have a year-end rally and final melt-up in the US exchanges.
Technical analysis for FBMKLCI based on Trend Analysis, Chart Pattern and Fibonacci Retracement