TECHNICAL ANALYSIS >>> 综合指数 2009年 6月 10日 / Composite Index 10/06/2009

综合指数 2009年 6月 10日

如图中箭头A所示，布林频带打开15%，而综合指数继续处于布林中频带以上，所以综指再度上扬11.18点并且突破1077点胜图自动费氏线阻力，这表示综指有望摆脱巩固格局，开始新的走势。
如图所示，综指多次的在T2上升趋势线获得扶持反弹，所以T2线继续是综指上扬重要的动态支持水平，换句话说只要综指一路在T2上获得扶持的话，综指将有望继续上扬。另一方面，综指只是第一天突破1077点的胜图自动费氏线，所以此突破的讯号仍然有待确认，若综指继续上扬，那下一道阻力水平将落在1100点的整数点心理阻力水平。

如图中箭头B所示，马股总成交量增加56.2%，成功的重返40天成交量平均线（VMA）以上，若成交量能够继续维持于40天的平均值以上，那将有助于综指维持上扬格局，甚至上探1100点的阻力水平。

如图中C圈所示，随机指标（Stochastic）继续维持在70%水平以上，这表示综指短期依然处于强势中。通常只要随机指标继续高于70%水平，综指短期后市有望更上一层楼，直到随机指标跌破70%水平为止。

综指在横摆数天后，布林频带终于开始明显打开，这表示综指开始新趋势，接下来若布林频带能够继续打开，而综指依然获得布林中频带扶持的话，综指后市有望看高一线；若成交量也能维持在40天的平均值以上，这将对综指后市走高有正面的帮助。

Composite Index Daily Technical Analysis 10/06/2009
As indicated by A, the Bollinger Bands Width expanded 15%, with the KLCI above the Bollinger Middle Band, and the KLCI ended 11.18 point higher, slightly breaking above the 1077 Fibonacci Retracement.

As shown on the chart above, the KLCI rebounded from the T2 uptrend line again, and therefore, the T2 uptrend line remains as the dynamic support for the KLCI. Currently, the resistance for the KLCI is still 1077 Fibonacci Retracement for the KLCI only just managed to break above the 1077 by margin. If the KLCI should continue rising, the next resistance for the KLCI is at 1100 level.

As indicated by B, total market volume increased 56.2%, with volume above the 40-day VMA level. If volume should remain above the 40-day VMA level, it would lift the market sentiment, thus the KLCI would have a better chance in sustaining its uptrend.

As circled at C, the Stochastic continue to stay above 70%, which is the short term bullish region. Therefore, as long as the Stochastic is still above 70% level, the short term market movement for the KLCI is still bullish biased.

After moving sideways for a couple of days, the Bollinger Bands Width finally expanded clearly, suggesting the KLCI is breaking away from its consolidation. If the Bollinger Bands Width should continue to expand with the KLCI above the Bollinger Middle Band, the outlook for the KLCI is likely to be positive biased. Of course, the best confirmation to the bullish signal would be the volume remain above 40-day VMA level.