iVSA Weekly Market Outlook
iVSAChart FBM KLCI Outlook, 16 Nov 2015
After reaching 1710 price level and triggered by a doji bar [bar a], the market undergo profit hike with the news of possible US FOMC possible interest rate hike in December 2015. There is support price level at 1640 but we need to see possible SoS coming for this market to revert back higher. Patience is virtue now.
Look for SoS either low volume test or climatic volume on a daily bar around 1620-1630 price level.
See you next week...
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