iVSA Weekly Market Outlook
iVSAChart FBM KLCI Outlook, 5 Oct 2015
The KLCI remained weak as we were waiting for the confirmed test at bar [a] should the market able to close above 1640. Closing above 1640 price level remained a task which will confirm uptrend on the next upmove.
On the downside, breaking below 1580 price level will assume another leg to the downside. Failed test bar [a] will have to happen first i.e closing below 1600 price level on a daily bar this week.
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....
