FKLI Week 46 2024: To continue lower.I'm expecting that KLCI will continue to track lower to break the 1600 level. TP1 is around 1590 level and from there, depending on the price action, it will continue to go lower. Next target lower is TP2 which is around 1580 to 1570. Shortby edramlan0
FKLI Week 32 2024: 1500 is on sight.Yesterday, FKLI nearly reached 1500 points due to a significant sell-off, similar to other markets. In the short term, there might be some reactionary buying, but a further decline is expected. I anticipate the price will eventually drop to 1500 points before consolidating to determine the next moveShortby edramlan0
FKLI Week 24 2004: Cautiously bullish.There was no follow-through on the bearish outlook from last week. Instead, the index increased after the market opened on Tuesday. Following this, the index entered a consolidation period. Moving into next week, it appears that the bulls remain in control. The index is expected to push higher, targLongby edramlan0
FKLI Week 23 2024: Pullback to continue.KLCI is expected to continue lower as it remains under pressure at the current level. An attempt to push higher on Friday failed, resulting in a bearish key reversal. A drop to the 1587 level is possible. If this level doesn't hold, the next target would be 1565.Shortby edramlan0
FKLI Week 22 2024: Pullback in the making?Last week, the KLCI appeared to hold within the 1620-1618 range. However, a bearish candle on Friday and an overall weekly bearish key reversal candle are concerning. Ideally, we hope to see the index bounce higher to the 1625 level before potentially declining further, first towards Friday’s close by edramlan0
FKLI1 - looks heavy and ready for retracement?Technically at the current level KLCI looks heavy. If price cannot hold above 1615 then a bigger retracement is expected towards 1585 to 1571 support area.Shortby edramlanUpdated 0
FBM KLCI FUTURES LOWER IN EARLY TRADEThe FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives opened lower today. At 9.27 am, the spot month April 2024 contract eased 1.5 points to 1,538.0 and May 2024 declined 1.0 points to 1,540.0. The June 2024 and September 2024 notes inched down 2.5 points each to 1,Longby Khairil_Anuar333
Heading to 1500Fkli nearly breakout the key price point . If it success breakout next resistance will at the 1500Longby konghaujin19935201
FKLI1! weeklyupside 1475, stop 1435, RSI & stochastic remain neutral and not overbought in weeklyby eesb990
KLCI probably "priced in" Pre-Election on 12/August/23KLCI on last "pull back" since 2014 down trend. What "Big Plan" after 12 August 2023 State Election?! KLCI currently at wave (c) (red) of expanding flat pattern (a)(b)(c)(red) = After completing wave (c). Price will down to 1300 +/-. Shortby SteveTan2