Bull and Bear

Week17_2018 KLCI BULLISH intact, BUT....

Week17_2018 KLCI BULLISH intact, BUT....
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KLCI bullish , comes with a BUT...
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MACD , Moving Average : Bullish
Price Action : Bullish
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BUT
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it is currently near the KLCI all time high (approx 1896, which was the high during 2014)....
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Big boys could take this opportunity to take profit at this zone...
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Resistance
1896 , next 1940 , 1967

Support :
1877, 1856, 1824, 1812, 1795
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for traders who wanna LONG, you may look for the support level to LONG , OR wait price break and stay above 1896.
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for SHORTS, may look for Resistance level to Short... 1896-1900 as Entry...
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well, with such market structure, LONG is better than SHORT.
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our bias is on bullish on KLCI....
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KLCI bullish doesnt mean all stock is bullish
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May The Trend Be With You~
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Trade safe!
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