FTSE BURSA MALAYSIA KLCI Update 17/04/2019FBM KLCI is standing at the support 1616 pt. This support line is the lowest since 2016 and if breakout downwards would see a support at 1548 pts.
On top of that, FBM KLCI is forming the Elliott 5th Wave downwards, we will see a reversal pattern or breakout of support at 1610 pts.
SUMMARY:
Downward -> Support at 1548 pts
Upward -> Resistance at 1729 pts