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Tags: KLCI

Market Opening – KLCI testing 1600 support level again.

Sept1

1. It is critical KLCI shud not drop below 1600 price level as it goes from now. 2. Temporarily, KLCI has formed a pivot high @ 1660 which will be the resistance from now. 3. Lower pivot @ 1500 price level. Expect the market to rangebound over a longer term. 4. We have two consecutive […]

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10:30am – Market Opening – No relief on KLCI…

img_55c9760eda068

1. When we thot the mkt can recover, it went thru another sell off and not forgetting that this is the begininng. 2. We are at 5th bar down days and we are looking for climatic vol or little vol. 3. Foreign funds also selling out too. 4. No good news..

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