Poised To Revisit The 1,524.69 All-Time High Level Soon…
♦ According to Chart 1, the FBM KLCI kicked off a sustainable rebound from 820 – 920 support region in Mar 2009, after a powerful bear rally in 2008.
Mandarin Version : Chart Surveillance : FBM KLCI - Stronger Technical Bull Run Underway! - 15/09/2010
Showing posts with label Chart Surveillance. Show all posts
Showing posts with label Chart Surveillance. Show all posts
Wednesday, September 15, 2010
Mandarin Version : Chart Surveillance : FBM KLCI - Stronger Technical Bull Run Underway! - 15/09/2010
Chart Surveillance : FBM KLCI - Stronger Technical Bull Run Underway! - 15/09/2010
Poised To Revisit The 1,524.69 All-Time High Level Soon…
♦ According to Chart 1, the FBM KLCI kicked off a sustainable rebound from 820 – 920 support region in Mar 2009, after a powerful bear rally in 2008.
Chart Surveillance : FBM KLCI - Stronger Technical Bull Run Underway! - 15/09/2010
♦ According to Chart 1, the FBM KLCI kicked off a sustainable rebound from 820 – 920 support region in Mar 2009, after a powerful bear rally in 2008.
Chart Surveillance : FBM KLCI - Stronger Technical Bull Run Underway! - 15/09/2010
Thursday, May 20, 2010
Mandarin Version - Chart Surveillance - FBM KLCI - “Sell In May, Go Away!” Scenario Recurring… - 20/5/2010
A Technical Correction Phase On The 13-mth Old Uptrend
♦ According to Chart 1, the FBM KLCI began its uptrend when the 10-day SMA cut above the 40-day SMA in Apr 2009 near the 880 region.
♦ Along the uptrend, the 10-day SMA and the 40-day SMA have served as a great support for the index. Everytime the 10-day SMA retreated to near the 40-day SMA, the FBM KLCI would stage a rebound, hence prolonging the uptrend and led the index to a higher level.
♦ The uptrend turned uncertain only since Dec last year, when the index traded closer to the 1,300 psychological level.
Mandarin Version - Chart Surveillance - FBM KLCI - “Sell In May, Go Away!” Scenario Recurring… - 20/5/2010
♦ According to Chart 1, the FBM KLCI began its uptrend when the 10-day SMA cut above the 40-day SMA in Apr 2009 near the 880 region.
♦ Along the uptrend, the 10-day SMA and the 40-day SMA have served as a great support for the index. Everytime the 10-day SMA retreated to near the 40-day SMA, the FBM KLCI would stage a rebound, hence prolonging the uptrend and led the index to a higher level.
♦ The uptrend turned uncertain only since Dec last year, when the index traded closer to the 1,300 psychological level.
Mandarin Version - Chart Surveillance - FBM KLCI - “Sell In May, Go Away!” Scenario Recurring… - 20/5/2010
Chart Surveillance - FBM KLCI - “Sell In May, Go Away!” Scenario Recurring… - 20/5/2010
A Technical Correction Phase On The 13-mth Old Uptrend
♦ According to Chart 1, the FBM KLCI began its uptrend when the 10-day SMA cut above the 40-day SMA in Apr 2009 near the 880 region.
♦ Along the uptrend, the 10-day SMA and the 40-day SMA have served as a great support for the index. Everytime the 10-day SMA retreated to near the 40-day SMA, the FBM KLCI would stage a rebound, hence prolonging the uptrend and led the index to a higher level.
♦ The uptrend turned uncertain only since Dec last year, when the index traded closer to the 1,300 psychological level.
Chart Surveillance - FBM KLCI - “Sell In May, Go Away!” Scenario Recurring… - 20/5/2010
♦ According to Chart 1, the FBM KLCI began its uptrend when the 10-day SMA cut above the 40-day SMA in Apr 2009 near the 880 region.
♦ Along the uptrend, the 10-day SMA and the 40-day SMA have served as a great support for the index. Everytime the 10-day SMA retreated to near the 40-day SMA, the FBM KLCI would stage a rebound, hence prolonging the uptrend and led the index to a higher level.
♦ The uptrend turned uncertain only since Dec last year, when the index traded closer to the 1,300 psychological level.
Chart Surveillance - FBM KLCI - “Sell In May, Go Away!” Scenario Recurring… - 20/5/2010
Monday, May 17, 2010
Chart Surveillance - US DJIA - Correction Phase Underway! - 17/5/2010
A Bearish Technical Derailment Of The 13-mth Old Uptrend
♦ From Chart 1, the US Dow Jones Industrial Average (DJIA) began its uptrend since early Mar 2009, when it staged a technical rebound from a low of 6,469.95.
♦ The DJIA encountered a sizeable retracement in Jun – Jul 2009, but it was supported near 8,200.
♦ Its upward momentum revived swiftly, as it rallied through a tough resistance level of 9,200, and eventually pierced through the 10,000 psychological barrier and the solid 10,150 resistance level in Nov 2009.
♦ The index plunged in Jan 2010, when it failed its first attempt to remove the 10,850 level, but the fall ended at a low of 9,835.09, hence forming an Uptrend Line (UTL) for the index’s one-year old rally.
♦ With a significant reversal of the 21-day SMA nearby 10,150 in late Feb 2010, the index recharged and blasted off with another round of upsurge. This round, it managed to chalk up a fresh one-and-a-half year high of 11,258.01 in late Apr 2010.
Chart Surveillance - US DJIA - Correction Phase Underway! - 17/5/2010
♦ From Chart 1, the US Dow Jones Industrial Average (DJIA) began its uptrend since early Mar 2009, when it staged a technical rebound from a low of 6,469.95.
♦ The DJIA encountered a sizeable retracement in Jun – Jul 2009, but it was supported near 8,200.
♦ Its upward momentum revived swiftly, as it rallied through a tough resistance level of 9,200, and eventually pierced through the 10,000 psychological barrier and the solid 10,150 resistance level in Nov 2009.
♦ The index plunged in Jan 2010, when it failed its first attempt to remove the 10,850 level, but the fall ended at a low of 9,835.09, hence forming an Uptrend Line (UTL) for the index’s one-year old rally.
♦ With a significant reversal of the 21-day SMA nearby 10,150 in late Feb 2010, the index recharged and blasted off with another round of upsurge. This round, it managed to chalk up a fresh one-and-a-half year high of 11,258.01 in late Apr 2010.
Chart Surveillance - US DJIA - Correction Phase Underway! - 17/5/2010