Bull and Bear

Week23_KLCI still in bearish mode, but expect some bound...

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Week23_KLCI still in bearish mode, but expect some bound...
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KLCI is currently in bearish mode, it has been rebounded from the support we mention earlier (green box)..
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as Thursday and Friday show some rebound signal, we are expecting price would fill the gap resistance ....

long term:
slightly bearish

mid term:
bearish

short term:
bearish

althought overall structure are bearish, the the time to short yet... opp to short at

1760-1775 (gap resistance) 
1800-1814 (major resistance)

for LONG, 
1708-1725 (major support)

we are expecting KLCI would go on sideway mode for the time being.. 
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may the trend be with you~

trade safe!

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