[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.

• Bearish Downtrend remains intact as of January 2019 formed since October 2018.
• FBMKLCI recover above 1,657 crucial support.
• Resistant 1 (1,708) and Resistant 2 (1,735).

B

• Bearish downtrend remains intact as of January 2019 formed since March 2018.
• FBMSCAP recover from its crucial support of 10,877.
• Resistant 1 (12,510) and Resistant 2 (13,647).

• Bearish downtrend remains intact as of January 2019 formed since March 2018.
• FBMACE recover from its crucial support 4,134.
• Resistant 1 (4,785) and Resistant 2 (5,070).

Trade the market recovery by applying EMA200days

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TFM Eagle Eye Newsletter Issue #316

(Release date 13th January 2019)

1. Receive weekly newsletter on the in depth technical analysis movement on the KLSE market indices and stocks.
2. In the newsletter you get to know what you should do in the market and what you should not do in the market which is not shared in our blog.
3. In a good market scenario you get to copy the trading plan on a set of potential Eagle Eye stocks prepared for you. That’s right just copy and refer on when to react!
4. In a bad market scenario you get to know what you should do in the market by investing/trading in another instrument and still make profits out of the market.