The future of KLSEKLSE rebound or not? There are some clues that lead into breakout which benefit day traders.
FBMKLCI trade ideas
KLCII'm expecting nice window dressing, and good start from KLCI next year. due to 5G rollout program.
Is Bullish Ahead for KLCIIf level 1470 not breaking down then we can predict bullish coming in 2022, if break bearish, this is only my prediction.
KLCI In Wave 2 Correction On Monthly TimeframeMay be the correction will end soon and then bullish is underway.
FBMKLCI exact high is forecasted on the vertical lineFBMKLCI exact high is forecasted on the vertical line on the daily chart
FBMKLCI TECHNICAL ANALYSISTechnical analysis for FBMKLCI Stock based on Trend Analysis, Chart Pattern and VPA
KLCI: Long in the short term, short in the mid-termBigger picture - this cycle that started after the 1998 Asian financial crisis is coming to an end.
Expecting a major 70-80% drop possibly in first half of 2022.
Prior to this we may have a year-end rally and final melt-up in the US exchanges.
FBMKLCI TECHNICAL ANALYSISTechnical analysis for FBMKLCI based on Trend Analysis, Chart Pattern and Fibonacci Retracement
Political impact on KLSE marketRead latest article here
Some years ago, I have seriously consider investing in Malaysia properties as part of my retirement plan and/or weekend get away. I am glad I did not commit as I discovered I had not study enough the market. I thanks my procrastination in this instance else I would be suffering huge losses.
Read article here. and here
Please do not let the 50% discount overwhelm you and start rushing to go buy the properties. With slower Covid-19 recovery and the new Political Party yet to settle down, it is best to wait and see (IF you really want to buy)
Remember, many of these condominiums and landed properties were built for foreigners like the Singaporeans and Chinese. They too have suffered especially those who have no holding power and horrified to see the value going south by the day.
However, I think the stock market may have a temporary rebound in view of the new appointment of the new PM. The FED has said they are prepared to taper and this will affect the global stock market (as you can see today all markets are in the red !)
From chart , we can see that price action remains bearish as it has yet to breakout from the main trend line. However, short term traders may want to seize this opportunity to ride the political wave to make some money!
KLSE formin wave 3 KLSE forming wave 3 in weekly, medium term index chart.
target is 1729 base on fiboncacci projection , 1.618
KLSEHi everyone. Hope Malaysia can develop their economy again after almost 90% Malaysians already received the second dose of vaccination.
FBMKLCI and tech sector analysis (Malay)This post is in Malay language. A quick review on FBMKLCI and TECH Sector in Bursa Malaysia.
KLCI may on final leg up to complete leading diagonal. 26/9/21KLCI may on last leg up to complete leading diagonal pattern in wave a (Cyan/Light Blue Circled). Where price could reach at around 2144 before more than 50% crash!? on Mid of 2022?
Helicopter view on FMBKLCIDespite a slump on the index this week, we see some reiteration of bullish bias (as labelled on the chart) along this positive trajectory of rising trend channel. Hence, the recent downside movement could be a pullback before further bullish movement. The index is seen moving towards support level at today's low, followed by 1490 and 1445. A breach below the rising channel however, may lay down the foundation for a new downtrend and this will cap off the bullish potential of the index.
Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
FTSE Bursa Malaysia Trend Prediction for 20 to 24 September
Greetings, since the trend break through the bottom resistance 1557, now the new test of resistance will be 1527.
The MACD and RSI show the down trend and i feel that it is meaningless to show the indicator, so i use other indicator to show the how the trend is going.
As you see, the trend is down trend now, and the down trend would probably continue at next week 20 - 24 September. Only when the cloud turn into green, and the candle shows up light blue or green colour, then the trend might be rebounce again. When the candle go below the EMA , the EMA will turn into red colour, when it backs to above, the colour will turn green.
Other reason we predict the trend will keep going down is because the week trend and month trend are going weak.
If only the trend does not break through 1527 resistance line and keep above it, then the rebounce may come again.
Again, All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour.
Hope all of you may earn more money and be a rich man/woman.
FTSE for next week 06 September to 10 SeptemberThe rising of the ftse has ended this weekend, therefore next week may enter into Retracement period. It may take one week or with two week to complete the retracement, then might rise again.
The reason of the prediction is because if we look into week trend, the new higher point is just about to start. This give us credible basis to believe that the trend will rise further in the future.
If next week break through 1557, the trend may drop further but small probability . If rebounce, may look forward to 1642 as the new high point for next two week.
Therefore the suggestion is, observe the trend until it reach 1557, then wait for the rebouce or break through. But, there is more chance to rise in the future if you refer to the week trend of FTSE.
All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour.
Hope all of you may earn more money and be a rich man/woman.
Idea of the FTSE trend for 30/08 - 03/09We have a nice week at 23/08 to 27/08, however we have to prepare for the retracement in future. It might be a big retracement day before National Day, after that might start to drop. Simple analysis as my main analysis is Hang Seng Index, but the whole week may be a bearish trend
KLSE/BSKL - WE SHOULD SEE A RETRACEMENT VERY SOONKLSE is completing Wave iii of (i) of 3.
The uptrend just begun.
Should expect more goodness in Malaysia's economy soon despite upraising Covid-19 cases.
Stay save everyone.
FBMKLCI In a Downward ChannelFBMKLCI in a downward channel. With the formation of new government, will it be able to improve the sentiment against Malaysian stock market ?
KLCI short term outlook
FBM KLCI on short term perspective is on an uptrend and within this 2 weeks to 1 month has the possibility to gain 10 points and remain neutral until the next turn happen. Price on daily is moving above the 20 & 50 MA with a positive internal technically. Sentiment & news might cause some volatility but the index appear to be bullish
Some crazy price forecast on KLCIAs projected on the chart, follow the movement with the bars pattern.
