如图中箭头A所示，布林频带再度的收窄（-21%），所以富时综合指数继续在窄幅中交易，按日微升0.21点。布林频带收窄表示综指依然在酝酿着一个新的走势，所以接下来若布林频带重新打开时，那将是综指开始新的走势的讯号。
如图所示，综指依然未能摆脱对称三角形的盘整格局，继续在L1及L2中窄幅波动。综指阻力水平仍然是L2线及布林中频带，支持水平则维持在L1线及1035点的胜图自动费氏线。
如图所示，综指依然未能摆脱对称三角形的盘整格局，继续在L1及L2中窄幅波动。综指阻力水平仍然是L2线及布林中频带，支持水平则维持在L1线及1035点的胜图自动费氏线。
如图中箭头B所示，马股总成交量稍微增加3.7%，所以成交量继续处于在40天的成交量平均线（VMA）以下，市场交投依然淡静。换句话说，综指依然缺乏转强的重要条件。
如图中箭头C所示，平均乖离振荡指标（MACD Histogram）依然未能回弹，所以未能形成圆底（Rounding Bottom），所以这表示综指短期的走势依然属于疲弱，直到平均乖离振荡指标回扬形成圆底为止。综指已经越来越接近三角形的尾端，这表示越来越接近突破三角形的临界点，所以投资者可以同时采用布林频带打开及突破对称三角形的讯号。若接下来布林频带重新打开时综指依然处于布林中频带以下，那综指后市继续看跌；相反的，若布林频带重新打开时综指却能够上扬突破布林中频带，那综指有望转强，不过，成交量必须上扬并达到40天的平均值以确认转强的讯号。
Composite Index 09/07/2009
As indicated by A, the Bollinger Bands Width contracted 21% on Thursday, with the KLCI ended mixed below the Bollinger Middle Band. Therefore, the KLCI is still consolidating while waiting for the Bollinger Bands Width to expand. If the Bollinger Bands Width should re-expand, it would be a signal suggesting a beginning of a new movement for the KLCI.
As shown on the chart above, the KLCI remains in the narrow range between the L1 and L2 Symmetrical Triangle. Supports for the KLCI are seen at the L1 line and the 1035 Fibonacci Retracement while the resistance remain at the Bollinger Middle Band and the L2 line.
As indicated by B, total market volume increased 3.7%, but still below the 40-day VMA level. Therefore, this shows that the market volume is still insufficient, thus the KLCI is not likely to regain its strength.
As indicated by C, the MACD histogram is still falling, and therefore, the rounding bottom signal is not yet sighted. In other words, this suggests that the short term movement of the KLCI is still on the weaker side, until the MACD histogram should form a rounding bottom.
The KLCI has been trading within the Symmetrical Triangle for some time, and now getting closer to the tip of the triangle. Therefore, it is very closed to the break out point of the Triangle. Investors could also use the Bollinger Bands signal together with the breakout of the Triangle. If the Bollinger Bands Width should expands with KLCI below the Bollinger Middle Band, it would be a bearish signal for the KLCI. Otherwise, if the KLCI should break above the Bollinger Middle Band as the Bollinger Bands Width expands, it would be a bullish biased signal. But, a valid bullish break out signal must be accompanied by strong volume.
As shown on the chart above, the KLCI remains in the narrow range between the L1 and L2 Symmetrical Triangle. Supports for the KLCI are seen at the L1 line and the 1035 Fibonacci Retracement while the resistance remain at the Bollinger Middle Band and the L2 line.
As indicated by B, total market volume increased 3.7%, but still below the 40-day VMA level. Therefore, this shows that the market volume is still insufficient, thus the KLCI is not likely to regain its strength.
As indicated by C, the MACD histogram is still falling, and therefore, the rounding bottom signal is not yet sighted. In other words, this suggests that the short term movement of the KLCI is still on the weaker side, until the MACD histogram should form a rounding bottom.The KLCI has been trading within the Symmetrical Triangle for some time, and now getting closer to the tip of the triangle. Therefore, it is very closed to the break out point of the Triangle. Investors could also use the Bollinger Bands signal together with the breakout of the Triangle. If the Bollinger Bands Width should expands with KLCI below the Bollinger Middle Band, it would be a bearish signal for the KLCI. Otherwise, if the KLCI should break above the Bollinger Middle Band as the Bollinger Bands Width expands, it would be a bullish biased signal. But, a valid bullish break out signal must be accompanied by strong volume.
No comments:
Post a Comment