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Weekly



For full explaination in video (in mandarin)... u may click below link:
https://www.youtube.com/watch?v=i6sJOP-ez8s&t=16s

KLCI weekly shows a hammer alike candle,
it shows that there are possible REBOUND on upcoming week. (well, hammer doesnt mean market will / confirm rebound)
it only shows Bear has weakening, and BULL has try to taking over the control.

\

lets see on Daily chart..

if based on daily chart... BEAR structure still there.... as we can see classic higher low, lower low...
this bull fight back is due to market has oversold, ... and market try to make a rebound

(rebound NOT reversal... both are diff meaning)

for Resistance, we need to watchout

1616 , 1627, 1640

for Support, watchout
1600, 1590..


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https://klse.i3investor.com/blogs/BullandBearfb/219029.jsp
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