With MACD at above positive position and MACD barely crossing the trigger line and stoch cross over 20, the local market could see a continuation of bullish tone. Support is at 1306.9 and any break at this level will carry the index past the previous low. Resistance is at 1339.6 with a break away from this level will confirm the bullish continuation.
Saturday, July 10, 2010
FBM KLCI week 12 July
With MACD at above positive position and MACD barely crossing the trigger line and stoch cross over 20, the local market could see a continuation of bullish tone. Support is at 1306.9 and any break at this level will carry the index past the previous low. Resistance is at 1339.6 with a break away from this level will confirm the bullish continuation.
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