Week6_2018 KLCI bullish bias, but it is at potentail sell zone
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KLCI continue its bullishness and break above 1860.... But... it is currently at a potential Supply Zone.... 
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As US market sell down happened on Friday night, the bearish sentiment could pass on to Asia Market... might expect some redness on Monday...
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Our view on KLCI remain Bullish, so long price stay above both level 1812 and 1790 (1841 yet to confirm )
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One thing to note, as the price currently at our SELL ZONE... it could have some correction mode( yet to confirm)....
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Anyway, we will able to get more " data" on monday on how our market react
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Support to Watch
1860, 1840, 1812, 1790
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Resistance to watch
1880, 1890 and 1896(all time high)
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Indicator:
Moving average : Bullish
MACD : bullish
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as per previous post on Saturday..
YES and NO
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YES, sentiment could pass on to us, as we are small country... Big impact from Big country could affect us...... traders / bigboys / smart money could take this opportunity to sell off first n re-enter when market sentiment are better...
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No, Fundamentally wise... we not 100% dependent on US market...without US.... Can our market still survive? ........ who are the biggest country supporting us?........... think about it...
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KLCI Bullish doesn't mean all stock will FLY up,...
KLCI Bearish doesn't mean all stock will drop... 
handle your trade with care :) 
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May The Trend BE with You~
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Trade Safe!

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