Week2_2018 KLCI Bullish bias

.

.

.

.

KLCI break 2017's high (1796) on 4Jan, hence Resistance turned support.. 1800-1790 can be act as a support zone...

.
.
break below 1790 will goes to visit next support 1750....
.
.
while the Resistance level are:
1825, 1867, 1880, 1896(all time high)
.
.
indicator wise:
.
MACD is very bullish
20MA just crossed 50, 100 and 200 (short term bullish)
.
.
(as indicators are laggard, it will take some times for them to be in more bullish formation e.g. 20,50,100,200)
.
.
views:
KLCI is very bullish, any retracement above 1790 level still consider bullish..
.
.
Trade safe~~
.
.
note* KLCI bullish doesnt mean all stock will be bullish :) please hunt the higher probability stocks
.
.
MAy the trend be with you~!

.

.

Follow our facebook page for more instant update:

https://www.facebook.com/KLSELION/