Saturday, March 30, 2019

CPI future

From 21st March high, a bearish 123 pattern carried it from a high of abt 2180 to 2103 on last Friday close. A bearish sentiment is not over yet.

KLCI future

Friday morning close above 1BB, but in the evening fall below. Expecting recovery  this week with a possibility of fillung up the monday gap. 

Friday, March 22, 2019

KLFI

Must be hard for unit trust investment manager but for hedge fund it smell money for the last two days of the week.

Thursday, March 21, 2019

Bursa Malaysia

The local market performance was an odd to regional markets. The sell signals in the last few bars were negated since it could not pierced the low of the signal bar. Today morning bar crossed over the support line to enter a bearish zone.

Wednesday, March 20, 2019

CPO

Prices on the shaded area has moved above 1st BB and 5MA but only the third candle has been pierced on the high ie for buy by the 4th candle indicating a buy signal.