iVSA Weekly Market Outlook
Market FBM KLCI Outlook, 7 Sep 2015
After bar [a], a spring sign of strength, we saw a outside bar bullish setup but the market gapped higher, bar [b] to 1660 only to distribute to unsuspected buyers.
Expect to retest lower now back to 1540-1520 support level. Again at best, sideway congesting between 1520 & 1600 price level.
If market break below 1500 (the last major support), a new downtrend begin.
See you next week...
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
