FKLI1 - looks heavy and ready for retracement?

By edramlan
Updated
Technically at the current level KLCI looks heavy. If price cannot hold above 1615 then a bigger retracement is expected towards 1585 to 1571 support area.
Comment
Looks like support area 1617 is holding for now. Immediate target is now former high 1637.
Chart Patternsfklifkli1FKLI1!fklimalaysiaklciklcifuturesmalaysiamalaysiafuturesmarketTrend Analysis

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