FBMKLCI Monthly POV
Technical reasons:
Double Top confirmation
Structure broken
Failed to make series of higher high
Downtrend Continuation
Cup & Handle in the making..
Fundamental reasons:
Inflation
rate hike
rising oil prices
Russia Ukraine conflict
Double Top confirmation
Structure broken
Failed to make series of higher high
Downtrend Continuation
Cup & Handle in the making..
Fundamental reasons:
Inflation
rate hike
rising oil prices
Russia Ukraine conflict
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