KLCI - Market

KLCI Weekly Chart

Support at FR50%. Resistance at 61.8% and 20MA Upper Envelope 10%.

ADX & MACD in strong uptrend.

GMMA show strong uptrend.

KLCI Daily Chart


ADX, MACD and GMMA have shown some retracement going on up till now.

Need to wait till Stochastics reverse to enter.

STI - Market

STI Weekly Chart

Resistance at FR 50% have been very strong.

ADX uptrend is now showing sign of weakness as ADX blue line (uptrend) is going down. If the blue line continue going down, this may lead to the green line going down too. Together with this, MACD is also showing sign of price going towards negative side.
Some retracement in price chart may happen soon.

GMMA also smaller gap for short term.
Some retracement in price chart may happen soon.

STI Daily Chart

STI have been consolidating for quite some time at FR 50%.

ADX and MACD have been showing weak trend (more into sideways). Need to wait for reversal into stronger trend.

Need to monitor when Stochastics is going to turn up. If the trend is going up, then that's the time to enter.

SSE - Market

Shanghai Stock Exchange is also influencing KL & Sgp Market. Thus need to monitor.

Looking at Weekly Chart, SSE have been having retracement after hitting FR 38.2% to FR 23.6%. Trend is now weak. Look out for reversal to upside soon.

SSE daily chart

SSE Weekly Chart

DJI - Market

I am now looking at DJI because KLSE & STI strongly correlate to DJI.

DJI is now still in uptrend. Support at 20MA. Resistance at FR (Fibonacci Retracement) 50% or 50MA. ADX(daily) is showing strength is strong but weakening. ADX(weekly) is showing trend is weak but strength is going to increase soon. Need to monitor weekly when trend starts, is it uptrend or downtrend.

DJI Daily & Weekly Chart

Log

Have been sick for 1 week plus. Time for me to resume work.