19.4.08

KLCI

Weekly KLCI has improved, a bit. Still reluctant to show its BULLISH face as yet. The 'vacuum' is still left unfilled, even Friday closing showed that some institutional investor tried to combine forces and tried so hard to fill it. Next week could turn up better due to US market bullish outlook. Lets wait next week. How's the daily?


Daily chart showed that the price is supported by stochastic holding above 50% as well as the RSI, above 50%. Momentum also picked-up on Thursday & Friday. ADX still showing KLCI price lack of strength to the north direction.

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