FBMKLCI small cap index: moving into the next phase?May it be a prosperous season after this if you see what I see.
- Inverted head & shoulders
- (Hopefully) completion of a long accumulation phase into a mark up phase according to Wyckoff schematics.
However, major risks remains the middle eastern conflict and Trump, especially if he starts Trade
Malaysia FBMSCAP (All eyes one next week)Malaysia FBMSCAP
- Remain in an uptrend but sideways movement.
- To retrace towards its Long Term Trend.
- Crucial sideways support to hold.
- Failure to hold up will trigger small caps stocks further downward sell down.
- A recovery to hold up will need to look at its sideways resistant.
FBMSCAP possible dead cat bouncekalau kita tengok based on weekly kita dapat lihat momentum masih kuat untuk ke bawah. price dah hit support dekat area psychological 8000.
berkemungkinan price akan membuat rebound mencari 38% fibo line di area 10000 sebelum price meneruskan kejatuhan mencari area 7000
tetapi sekiranya pada ming
FBM Small Cap possibility to rebound after forming a Hammer!FBM Small Cap is always our best indicator to track the overall market performance and benchmark.
We have let our readers knew that we have took profit on 26th April for all our short term position and remain our long term position.
The reason we exit was due to the forming of Bearish Engulfing can
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.