- Though the KLCI registered a strong “hammer” candle yesterday, it is still trading in a volatile environment.
- It needs a strong rebound above 1,492 and 1,500 to return the market confidence after recent shocks.
- Given another nasty drop in overnight US market, we see a higher chance on a steeper fall today.
- If the KLCI losses the 1,400 psychological level and the 1,395 support, follow-through selling could be stronger than before.
- It needs a strong rebound above 1,492 and 1,500 to return the market confidence after recent shocks.
- Given another nasty drop in overnight US market, we see a higher chance on a steeper fall today.
- If the KLCI losses the 1,400 psychological level and the 1,395 support, follow-through selling could be stronger than before.
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