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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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Created by elp25 | Jul 20, 2024