The purpose of creating this Topic about Dow Jones,Oil and KLCI markets discussion.Anyone can share your view .Please do respect and do not attack each other in this group. Treat everyone here as Family.
Our main objective is to make money and not make enemy.
For chart reference you may visit my page at
https://www.facebook.com/pages/Gila-Saham/536182926525672
Likely to stage a follow-through technical rebound The chart showed that selling pressure has waned and started to ricochet as “Positive Divergence” pattern on hourly chart spurs daily oscillators (MACD, RSI and Slow Stochastics) to hook up from oversold region, providing ammunition to its buying momentum. Hence, KLCI is likely to stage a follow-through technical rebound today. However, the medium-term trend of CI still remains down given current subdued trading environment could persist as investors refrain from trading commitments amid uncertainties over the near-term market direction, amid lack of fresh catalysts and nagging domestic issues. For a resumption of uptrend, KLCI must swiftly recapture the 1792 (downtrend line from all time high of 1896). On the flipside, support is at 1746 (61.8% FR) with next support areas at the 1715-1733 gap recorded on 15 Dec.
morning guys.. today may not be joining u all.. will be extremely busy in the office and full of meetingthon...... wish u guys continue to huat huat huat ya! i q my CO .36 lo... don wan greedy since can look at it all the time.. u all cont to huat ya... earn more liao pls belanja me coffee hehehehe...
Alert! KLCI yesterday fall -7.67 and closed at 1741 seems like Technical Rebound failed and History Pattern may repeat with next direction to 1670.
Here few reason why Technical Rebound may fail: -KLCI failed to break above 1750 last few days -Dow Jones fall 170 points yesterday -Oil fall and closed at USD58 per barrel -Ringgit depreciated till RM3.717 this morning -OPEC meeting today
Technical Perspective -Head and SHoulder breakdown -If we look back the history start from 1/12/2014 - 12/12/2014 the pattern similar with current pattern from 18/5/2014 - 6/62014. Will this pattern repeat ?If yes then we may see next will heading to 1670.
Strategy: Buy/Long if 1750 breakout and take profit when hit 1775.
Sell/Short if fail to rebound and breakdown below 1730
Disclaimed :This is not a buy or sell call but just for ''Reference Only ''.Gila Saham is not responsible for any lost or misinformation and trade at your own risk.Any decision is your own responsible .Please set your own stop and take profit level .
hehe... congratz in advance ya... song lo u get so cheap price put freezer... macam fisherman tangkap ikan keep freezer and wait cny to sell.... huat ahhh
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Posted by simon84 > 2015-01-03 09:40 | Report Abuse
The purpose of creating this Topic about Dow Jones,Oil and KLCI markets discussion.Anyone can share your view .Please do respect and do not attack each other in this group. Treat everyone here as Family. Our main objective is to make money and not make enemy. For chart reference you may visit my page at https://www.facebook.com/pages/Gila-Saham/536182926525672