KLCI : 26th. Oct 2015
Assalamualaikum
#KLCI : 26th. Oct. 2015
Retracement 50% of the bullish flight Sept 2011 – Jul 2014 shows in the chart.
In 25 Aug 2015, bullish engulfing appear in time frame Daily chart which change the downtrend market into bull eye.
Current situation, KLCI index 1706.79 point now stagnant in the resistance zone at average 1709 point.
Which will bring an impact to the market into another level if price break the zone.
Overall in mid term period, KLCI still bullish , and for short term period bearish based on DMI indicator.
Happy trading.
#irsofian
#AkademiJL
#TeknikalAnalisis #TechnicalAnalysis
