Well, KLCI ended flat today.
O - 1602, H - 1611, L - 1601, C - 1603
It is still within the 1599 support and 1609 resistance range. It might probably be still within this tight range for the next couple of days (my opinion).
However volume has decreased today, as compared to the past few days.
Is that a shooting star candlestick that we are seeing from the chart?
Will a reversal pattern occur then?
As DJIA is at its very negative territory of -148.22 / - 1.17%, it doesn't look too good. And will KLCI be still getting its support for tomorrow and the days after? How long more can this last?
Things just doesn't look good, but FBMKLCI might still be doing alright with such a sentiment. Let's just view what's gonna happen, i have no idea what could be coming up though.
The foreign funds are still the net buyers, as of last Friday.
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