Bull and Bear
Week19_2018 KLCI Bulls being engulf , BUT uptrend intact
Week19_2018 KLCI Bulls being engulf , BUT uptrend intact
.
.
.
.
as too many noises in daily chart, we switched to WEEKLY chart for better picture...
.
click for image:
.
.
.
.
KLCI 2 weeks bull (green box) being engulf by bear (red box)....
price isnt wanna go anywhere..
.
.
BUT , if we see on bigger picture, it is a uptrending market...
MAJOR support is at 1812-1796... hence, so long price above this level, market still got high chance to fight back..
.
.
Price Action wise:
Bearish
Indicator :
Moving Average : Bullish
MACD : Bullish . but slightly weakening
.
.
.
.
.
AS next WEDNESDAY is election week, market may have a lot Huu-Haa with thinning volumes...... and Dow may not have too much impact to our market..
.
.
we expect will have short term sell down, traders may wait at support level for LONGS..
.
.
we will review again when price goes to level of interest.
.
.
.
.
Trade Safe guy~
.
.
MAy The trend be with you~
.
.
follow our telegram :
https://t.me/KLSELION
and our Facebook:
More articles on Bull and Bear
将。。要回调了？ 道琼斯_恒生_指數_分析_30-JUNE-2024_ Market Outlook_Technical Analysis
Created by elp25 | Jun 30, 2024
1580? 1560? 道琼斯_恒生_指數_分析_22-JUNE-2024_ Market Outlook_Technical Analysis
Created by elp25 | Jun 22, 2024
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Apps
Top Articles
1
TA Sector Research
BWYS Group Berhad - A Leading Sheet Metal and Scaffoldings Manufacturer
2
TA Sector Research
3
Kenanga Research & Investment
4
MQ Market Updates
5
BFM Podcast
6
AmInvest Research Reports
MAH SING GROUP - Expect Strong Takeup Rate for M Aspira in Taman Desa
7
BFM Podcast
8
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
