My Trading Adventure

KLCI : Bear Day

CP TEH
Publish date: Thu, 13 Jun 2013, 10:46 AM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Following Message



KLCI : Hitting 1792 on Monday as DOW closed 200 points last Friday. So, with resistance at 1794, and black candles the next day, it is bearish. Gapped down yesterday, at support 20MA. Failed to rebound from the 20MA support, checking 1752 now, as KLCI dived 23 points lower at the 'press-time' now.

At 1752 now ... do you think this support could hold?

TEH

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