[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.

---

Malaysia FBMKLCI Year 2019 Performance

• 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 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

• 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

• 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)

Get yourself ahead by knowing if you are trading the right stocks in their right trend and right timing!

• Receive weekly newsletter on the KLSE Market indices/sector outlook

• Receive weekly eagle stocks to trade and you just need to copy into your portfolio with Buy Price Range, Stop Loss, and Target Profit given for you.

• Read and re-read to learn and understand. Practice and re-practice to apply into the market to gain experience!

Visit: www.trendfollowingmalaysia.com for more information