iVSA Weekly Market Outlook

iVSAChart FBM KLCI Outlook, 26 Oct 2015

Joe Cool
Publish date: Tue, 27 Oct 2015, 12:10 AM

 

This week, we have a bullish trend region turning this week after being bearish over 5 months. It is currently base building 1700 level. The resistance need to be broken above 1740 before the market can go higher. Expect profit taking along this level too. In iVSA, it is sometime called absorption.

See you next week...

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