Malaysia FBMKLCI flirting near to its Year 2018 low.

[Bullish Trend]

A level of important trend formation when once formed tend to persist until evidently proven reversed. A bullish trend allows price to move higher highs and higher lows over a long period of time.

[Bearish Trend]

A level of important trend formation when once formed tend to persist until evidently proved reversed. A bearish trend allows price to move lower highs and lower lows over a long period of time.


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FBMKLCI Daily Chart

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The very much needed technical rebound on the FBMKLCI ended with now flirting towards its Year 2018 low. As the global indices starts breaking their previous low, the Malaysia FBMKLCI will follow their pathway.

Read more on the technical readings on the FBMKLCI in our latest newsletter Issue #309!

Find how you can profit in a bearish market in our latest newsletter Issue #309!

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