Get started
FTSE Bursa Malaysia KLCI IndexFF

FTSE Bursa Malaysia KLCI Index

1,576.34MYRD
−4.71−0.30%
At close at Aug 15, 08:50 GMT
MYR
No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Components

FBMKLCI trade ideas

KLCI index closed with bullish candlestick patternKLCI index closed with a good candlestick pattern today, but it still within Key Candle support and resistance zone, once it breaks Key Candle high point and short term resistance, crossed check with KDJ, appear to be bottom deviation with the chart, it's good chance to have technical rebound soon, and chance to hit previous gab down resistance area. So KLCI is looking positive for short term trading. The worse case is KLCI go flat and accumulate within Key Candle resistance area.
FLong
by IAN_fishball
Political impact on KLSE marketRead latest article here Some years ago, I have seriously consider investing in Malaysia properties as part of my retirement plan and/or weekend get away. I am glad I did not commit as I discovered I had not study enough the market. I thanks my procrastination in this instance else I would be suffering huge losses. Read article here. and here Please do not let the 50% discount overwhelm you and start rushing to go buy the properties. With slower Covid-19 recovery and the new Political Party yet to settle down, it is best to wait and see (IF you really want to buy) Remember, many of these condominiums and landed properties were built for foreigners like the Singaporeans and Chinese. They too have suffered especially those who have no holding power and horrified to see the value going south by the day. However, I think the stock market may have a temporary rebound in view of the new appointment of the new PM. The FED has said they are prepared to taper and this will affect the global stock market (as you can see today all markets are in the red !) From chart , we can see that price action remains bearish as it has yet to breakout from the main trend line. However, short term traders may want to seize this opportunity to ride the political wave to make some money!
I
by dchua1969
Helicopter view on FMBKLCIDespite a slump on the index this week, we see some reiteration of bullish bias (as labelled on the chart) along this positive trajectory of rising trend channel. Hence, the recent downside movement could be a pullback before further bullish movement. The index is seen moving towards support level at today's low, followed by 1490 and 1445. A breach below the rising channel however, may lay down the foundation for a new downtrend and this will cap off the bullish potential of the index. Disclaimer: No trading strategy provided here. Our content is intended to be used and must be used for technical analysis education purposes only
F
by ellynacci
3
FTSE Bursa Malaysia Trend Prediction for 20 to 24 September Greetings, since the trend break through the bottom resistance 1557, now the new test of resistance will be 1527. The MACD and RSI show the down trend and i feel that it is meaningless to show the indicator, so i use other indicator to show the how the trend is going. As you see, the trend is down trend now, and the down trend would probably continue at next week 20 - 24 September. Only when the cloud turn into green, and the candle shows up light blue or green colour, then the trend might be rebounce again. When the candle go below the EMA , the EMA will turn into red colour, when it backs to above, the colour will turn green. Other reason we predict the trend will keep going down is because the week trend and month trend are going weak. If only the trend does not break through 1527 resistance line and keep above it, then the rebounce may come again. Again, All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour. Hope all of you may earn more money and be a rich man/woman.
F
by lsking0425
1
FTSE for next week 06 September to 10 SeptemberThe rising of the ftse has ended this weekend, therefore next week may enter into Retracement period. It may take one week or with two week to complete the retracement, then might rise again. The reason of the prediction is because if we look into week trend, the new higher point is just about to start. This give us credible basis to believe that the trend will rise further in the future. If next week break through 1557, the trend may drop further but small probability . If rebounce, may look forward to 1642 as the new high point for next two week. Therefore the suggestion is, observe the trend until it reach 1557, then wait for the rebouce or break through. But, there is more chance to rise in the future if you refer to the week trend of FTSE. All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour. Hope all of you may earn more money and be a rich man/woman.
F
by lsking0425