FBMKLCI Weekly Report - 24/3/2019

Author: scotthong   |   Latest post:

FBMKLCI Weekly Report - 24/3/2019
March 24, 2019 | HONG WEI GIET

Technical Analysis
================

Short Term
- FBMKLCI entered a downward trend on Apr 20, 2019 and it completed 4 waves (ABC) in 7 months.
- FBMKLCI started 5th waves on Feb 22, 2019. There are few important indicators in FBMKLCI 5th waves as below:-
a) Deflation, Feb 2019: -0.4%
b) PMI, Jan 2019: 47.60
c) Unemployment Rate, Jan 2019: 3.3
d) Malaysia Leading Econo

More: https://www.fundamental-technical-analysis.com/malaysia/aut