The FBM KLCI was pressured for the third straight session as the key index slipped below the EM120 level, before closing around the 1,777.15 pts. The MACD Histogram has extended another red bar, while the RSI remains below 50. Resistance will be pegged around the 1,800-1,810 levels. Support will be set around the 1,760 level.

GDEX has formed a bullish harami candle to re-test the EMA60 level. The MACD Histogram has turned green, while the RSI is hovering above 50. Monitor for a breakout above the RM0.44 level, targeting the RM0.47 and RM0.51 levels. Support will be set around the RM0.405 level.

INTA has experienced a breakout-pullback-continuation pattern above the RM0.33 level with high volumes. The MACD Indicator has issued a BUY Signal, while the RSI has risen above 50. Price may rally towards the RM0.37-RM0.39 levels after a short consolidation. Support will be anchored around the RM0.31 level.

YTLREIT has formed a bullish engulfing candle to close above the EMA20 level with improved volumes. The MACD Histogram has extended another green bar, but the RSI has tripped below 50. Monitor for a symmetrical triangle formation breakout above the RM1.24 level, targeting the RM1.27-RM1.30 levels. Support will be pegged around the RM1.21 level.

Source: Mplus Research - 8 Oct 2018