Thursday, June 13, 2013

KLCI : Bear Day




KLCI : Hitting 1792 on Monday as DOW closed 200 points last Friday. So, with resistance at 1794, and black candles the next day, it is bearish. Gapped down yesterday, at support 20MA. Failed to rebound from the 20MA support, checking 1752 now, as KLCI dived 23 points lower at the 'press-time' now.

At 1752 now ... do you think this support could hold?

TEH

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