FBMKLCI DAILY CHART(BOLINGGER BAND)
*$* We can see that FBMKLCI is now closing above the Bollinger BAnd Center Band. This is good as the BB is contracting and the volume is picking up, FBMKLCI may rally(short rally) next week testing its 1200points resistant.(But Still the regional markets need to stay positive)
*$* MACD Histogram is definately having a rounding bottom and staying above ZERO awaiting for the golden cross.
*$* We can also see the momentum is moving positively.
*$* Based on this chart we can see that it is necessary for FBMKLCI to stand strong above the BB center Band.
FBMKLCI DAILY CHART(EMA7DAYS & EMA21DAYS)
*$* Since March 2009, FBMKLCI has been standing strong on the EMA7days and EMA21days supports. This technique serves as one of the important short term analysis for me.
As long as FBMKLCI did not break below both EMA7 & 21days support, and no Deathly Cross occuring in the EMA7days and EMA21days, our FBM KLCI will continue to be strong.
FBMKLCI DAILY CHART(TRENDLINE SUPPORT)
*$* A simple Trendline studies shows where is the support and resistant.
Simple rule* Buy at support, Sell at resistant.
FBMKLCI WEEKLY CHART
*$* Looking in the FBMKLCI WEEKLY CHART, we are however still staying strong on the EMA7days Support. But "becarefull" with the MACD as the histogram is rounding down.
FBMKLCI MONTHLY CHART
*$* FBMKLCI MONTHLY CHART is simply telling us we are in a BULL RUN!
Are you riding the Bull Run?
yea,it's time to make big $$$!
ReplyDeletechance hardly comes for a second time,if it does,u must catch it!