Oct 11 - KLCI Index - Watch Resistance @1,720 & 1,750
<Short Term>
- shall see temporary weakness as KLCI failed 1,720 resistance test last week.
- R1,720 further strengthened by Shooting Star candle pattern on Daily.
<Mid Term>
- Index previously broke below a 3year-old slanted H&S pattern.
- H&S Neckline (now a strong Resistance) currently lies around 1,700 mark (as marked by Grey UTL) - is tested on Oct 02 & HOLDS.
- Immediate R1 @ 1,700-1,720 | R2 1,735-1,755
- Shall 1,720 level is reclaimed, strong R@ 1,750-60 will be the next prominent region to watch.
**P/S: Watch 1,720, then 1,750-1,760 region for next short.
- shall see temporary weakness as KLCI failed 1,720 resistance test last week.
- R1,720 further strengthened by Shooting Star candle pattern on Daily.
<Mid Term>
- Index previously broke below a 3year-old slanted H&S pattern.
- H&S Neckline (now a strong Resistance) currently lies around 1,700 mark (as marked by Grey UTL) - is tested on Oct 02 & HOLDS.
- Immediate R1 @ 1,700-1,720 | R2 1,735-1,755
- Shall 1,720 level is reclaimed, strong R@ 1,750-60 will be the next prominent region to watch.
**P/S: Watch 1,720, then 1,750-1,760 region for next short.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.