FBMKLCI 1 hour price trend – The next rally trend formation.

[RALLY POINT]

A level of important price resistant for price to surpass and also a level of important price support to maintain above. Price trading above the RALLY POINT will mean more upside price action ahead.

[BEAR ZONE]

A zone where price is deemed WEAK in the short term period. Only progressive rebound can be seen trading in the short term. But failing to SURPASS the RALLY POINT will only put the price into a longer term of downtrend price action.


klci 1 hour xtreme

The Hour Chart, shows the hourly price movement on the FBMKLCI. The correction trend that started on the 5th September 2018 ended when the index hits its mother of all support and rebounded from 1,777 to 1, 805pts. As shown on the 1 hour chart above the index price trend is still pending for a rally trend formation. A breakout of 1,804pts will put the index in a rally trend formation. This means the index in the coming days will be seen with rally towards higher highs and higher lows.

us dollar xtreme

Trade war and the numbers on the tariffs not being news news to us anymore. Look at the dollar movement instead.

Get a complimentary TFM Eagle Eye Issue #299 for FREE and read up on the Liquidity Time Bomb and the Outlook on the KLSE Market for the month of September 2018. Understand the dollar movement inside!

TFM Eagle Eye Newsletter Issue #301 is AVAILABLE now!

Read up on how the dollar slump benefits the KLSE market

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issue 301 cover

“Read and re-read instead of listening/watching”

TFM Eagle Eye Newsletter, is a newsletter platform service that allows the subscribers to receive extensive report on the Kuala Lumpur Stock Exchange (KLSE) indices, sectors, and stocks weekly.

Subscribers will be able to gain access into:

  1. In depth technical analysis on the FBMKLCI, FKLI, and FCPO movement that allows Derivatives Traders to have an insight towards the movement of these indices.
  2. Technical Analysis on the sector indices that are performing with money making opportunities.
  3. Eagle Eye Analysis on a list of Top Eagle Stocks we have filtered out and planned with Trading Plan.
  4. Applied technical analysis on the list of Top Eagle Stocks for subscribers to understand our analogy of these stock’s price movement.
  5. Access into our future Webinar event that allows you to interact with our Top Eagle Eye Traders.

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