Indicators
1 ) Trendline - Broke below the uptrend line .. ( Bearish )
2) Support/Resistance - Broke below the previous low ( Bearish )
3) MACD -Bearish Crossover ( Bearish ) . Awaiting for 4R1G signal
4) RSI - Broken below 30% (Bearish) ,
5) STO - Broke below 20% and bearish crossover (Bearish)
6) Ichimoku - a) Price coming entering from the support cloud (Bearish).
b) Conversion line below the base line (Bearish).
c) Price close below the baseline ( Bearish) .
7) Candlestick pattern - Black Candle (Bearish).
8) Market Sentiment - US index went up positive after optimistic budget talk on how to resolve the fiscal issue.
Conclusion:
Bearish
KLSE is a typical Index which does not affect much by other global index . Closed with a spinning top on the support at 1621. Tomorrow is the decision day whether to rebound or break below the 1621 support..
Resistance- 1649 / 1668 /1681 /1725
Support - 1621 / 1600 / 1594 / 1581