Bull and Bear

Week49_2017 KLCI health check

 

 

Week49_2017

 

KLCI Weak but still loves 1717?

 

Indicator:
MACD : Weak 
Moving Average : Weak

 

Price Action: Weak , but supported at 1717.. once break, next support level will be 1700-1690 zone...
any rebound is a short opportunity, unless it breaks above Resistance

 

Big Resistance challenge at 1734 and 1750, then 1760 level.

 

lets see how will it moves. we will follow up when it reach above mentioned levels.(please follow our facebook page for instant updates https://www.facebook.com/KLSELION/ )

 

Note: KLCI weak doesnt mean individual stock is weak

 

May the trend be with u~~

Trade safe~~

 

 

 

Discussions
Be the first to like this. Showing 6 of 6 comments

Mohd Fahmi Bin Jaes

Hmm

2017-12-03 21:45

elp25

Post removed.Why?

2017-12-03 21:47

elp25

do u mean market is bottoming?

2017-12-03 22:35

elp25

in my opinion, there're always 2 side of coin.... same as TA... some may read it as bull, some may read it as bear.... im using "past data" to make my analysis... instead of guessing it is already bottoming. ..

my bias is towards bear for this case... unless it has break some certain levels.

it will only consider bottoming, when we see buyer comes back.

im still learning n improving my TA. cheers.

2017-12-03 22:41

elp25

u can have ur own opinion, so do I :)

2017-12-04 08:37

elp25

btw, tail end of bear market? what makes u think so? would like to learn from u

2017-12-04 08:41

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