iVSA Weekly Market Outlook

iVSAChart FBM KLCI Outlook, 2 Nov 2015

Joe Cool
Publish date: Tue, 03 Nov 2015, 12:07 AM

 

The resistance @ 1720 has proven to be strong and US FOMC possible interest rate hike in Dec 2015 loomed across the global stock market. We shall see some minor profit taking down to 1600-1620 price level.
 
At this this level 1620, look for SoS either low volume test or climatic volume on a daily bar.
 
See you next week...
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