IAN_fishball

IAN_fishball

1. downtrend Elliot wave completed 2. Cup shape fulfilled 3. caing previous low support 4. form bullish engulfing candle yesterday it's a good entry point for now

IAN_fishball Updated 

KLCI index closed with a good candlestick pattern today, but it still within Key Candle support and resistance zone, once it breaks Key Candle high point and short term resistance, crossed check with KDJ, appear to be bottom deviation with the chart, it's good chance to have technical rebound soon, and chance to hit previous gab down resistance area. So KLCI is...

IAN_fishball

as previous massive price drop, price start accumulate and formed an cup shape for bottom for a week, and it's breaking neckline today, estimate long position is the depth of cup shape, which also fit both downtrend line resistance as well as the resistance of previous gab down.