FBMKLCI & FBMSCAP Chart Analysis Week 2-2015

Downtrend did soften for FBMKLCI and FBMSCAP but overall it is still bearish. We have seen a short term uptrend witnessed by higher low in the chart pattern of both charts. MACD is still below zero line indicating bearish momentum. FBMKLCI&FBMSCAP_week2FBMKLCI immediate resistance is at 1770 while immediate support is at 1708. FBMSCAP immediate resistance is at 15185 while support is at 14645.

 

 

 

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