iVSA Weekly Market Outlook
iVSAChart FBM KLCI Outlook, 19 Oct 2015
Last week, we had a test [bar a] and finally confirmed by bar b which tell us that the test is confirmed and it ready to resume its uptrend. However, the market will still be tested along its uptrend.
The next test is 1745 price level which also coincide 200MA. It will not be easy to break above 1740-1745 level so easily. I expect profit taking at this major resistance level.
See you next week...
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