FTSE Bursa Malaysia Kuala Lumpur Composite Index
Outlook:
From a technical perspective, the FBMKLCI continues to form higher highs and higher lows that indicate the
uptrend pattern.… Read More
Tag: FBMKLCI
MONTHLY TECHNICAL INDICES – KLCI
FTSE Bursa Malaysia Kuala Lumpur Composite Index
Outlook:
A bullish engulfing pattern was spotted on the weekly chart which indicates a bullish reversal pattern.… Read More
MONTHLY TECHNICAL INDICES – KLCI
FTSE Bursa Malaysia Kuala Lumpur Composite Index
Outlook:
Based on the weekly candlestick analysis, a spinning top pattern was spotted on the chart, which indicates indecisive movement ahead.… Read More
MONTHLY TECHNICAL INDICES – KLCI
FTSE Bursa Malaysia Kuala Lumpur Composite Index
Outlook:
The FMBKLCI continues to form lower highs and lower lows that indicate a downtrend.… Read More
MONTHLY TECHNICAL INDEX – KLCI
FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBMKLCI IND)
Entering sideways market
Outlook:
Based on the weekly candlestick formation, despite follow through selling pressure, the FBMKLCI has pared down earlier losses as buying interest, potentially from institutional funds, kept absorbing selling pressure as the index remained between 1,535-1,618.… Read More