Malaysia Stock Market to Inch Towards 1800 pts

Bull_and_bear_extra_cartoon

 

Malaysia FBMKLCI Technical Outlook

2016Mar-FBMKLCI-1300x600

[Index Base Support 1688]

Malaysia FBMKLCI strong support above its EMA200days Indicator shows further strength in the market to inch higher towards 1800 psychological target.

Weakness will only be seen when the index violated its Base Support at 1688 which can’t be seen yet.

Year 2016 theme will be focused on the Blue Chips Stocks.

Follow us on our next post on sector indices and stocks.

 

 

 

U.S Dollar Index Technical Outlook

2016Mar-US Dollar-1300x600

US.Dollar Index high potential to end its Bull Rally when its support at $93 is broken down.

 

t6

(Founder of trendfollowingmalaysia.com)

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