bull

[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.

bear

[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.


Malaysia FBMKLCI Year 2019 Performance

fbmklci

  • Breakdown into long term downtrend since October 2018
  • Hit Long Term Trend Resistant in the month of February but failed breakout to maintain.
  • Hit Long Term Trend Resistant in the month of July but failed to maintain.
  • FBMKLCI nearing its Year 2019 low major support.
  • Rebound towards Long Term Trend Resistant the first challenge of FBMKLCI.

Malaysia FBMSCAP Year 2019 Performance

FBMSCAP

  • FBMSCAP index trending higher highs and higher lows since January 2019 to August 2019.
  • Failed to support above its Long Term Trend support in the month of April 2019.
  • Failed to support above its Long Term Trend support in the month of August 2019.
  • Maintains outperforming the FBMKLCI index.
  • Major breakout of its Long Term Trend support and maintain above will lead FBMSCAP index higher highs and higher lows.

China A50 Index Year 2019 Performance

china a50

  • Breakout above Long Term Trend in February 2019
  • Higher highs higher lows despite Trade War dispute.
  • Recent correction ended at major support.
  • Rebound to rally from the major support keeping major support as the shift of trend.

U.S DJIA Year 2019 Performance

us djia

  • Breakout above Long Term Trend in January 2019.
  • Higher highs higher lows despite Trade War dispute.
  • Month of May 2019 breakdown of major support with quick recovery back up.
  • Month of August 2019 breakdown of major support with quick recovery back up?
  • Rebound to rally from the major support keeping major support as the shift of trend.

KLSE Performing Stocks since January 2019

(Only for illustration purposes)

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