Wednesday, January 13, 2010

KLCI and FKLI-13-1-10



FKLI - price closed within trading range as indicated in the 60 min chart. Resting at the bottom of the range and closing the gap. The confirmation of further retracement will come with the crossing of MACD on the daily chart, and it will likely retrace to Fib 38%.


KLCI -confirmation of further retracement will come with the crossing of macd and stoc. And there is a likelihood that it might move further down to Fib 38%.

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