Despite the overnight gain of the Dow Jones Industrial Average, gaining 2.1%, the KLCI failed to break above the 1163 Fibonacci Retracement, which suggests that the current resistance for the KLCI remains at 1163, while the supports are found at 1096 as well as the Bollinger Middle Band.
As indicated by A, the Bollinger Bands Width did not expand, suggesting that the Bollinger Bands Width might be contracting. Therefore, if the Bollinger Bands Width should contract, it would be a signal suggesting a consolidation of the KLCI, then, the Bollinger Middle Band would be an important support for the KLCI.
As indicated by B, total market volume increased only 0.5%, with volume still below the 40-day VMA level. This suggests that the overall market participation is still insufficient, as investors are being very cautious with the KLCI testing its resistance. Nonetheless, if the KLCI should attempt to break its resistance, volume has to be higher above the 40-day VMA level.
As circled at C, the MACD histogram is still rising but at a slower pace, thus implying that the MACD histogram might be forming a rounding top. If the MACD histogram should form a rounding top, it would be a signal suggesting a short term weakening of the KLCI, thus a technical correction.
With signals from the Bollinger Bands as well as the MACD histogram implying a consolidation of the KLCI, coupled with volume below the 40-day VMA level, the KLCI is likely to consolidate. However, this does not means an end to the KLCI short term uptrend for the KLCI is still above the Bollinger Middle Band.
As indicated by A, the Bollinger Bands Width did not expand, suggesting that the Bollinger Bands Width might be contracting. Therefore, if the Bollinger Bands Width should contract, it would be a signal suggesting a consolidation of the KLCI, then, the Bollinger Middle Band would be an important support for the KLCI.
As indicated by B, total market volume increased only 0.5%, with volume still below the 40-day VMA level. This suggests that the overall market participation is still insufficient, as investors are being very cautious with the KLCI testing its resistance. Nonetheless, if the KLCI should attempt to break its resistance, volume has to be higher above the 40-day VMA level.
As circled at C, the MACD histogram is still rising but at a slower pace, thus implying that the MACD histogram might be forming a rounding top. If the MACD histogram should form a rounding top, it would be a signal suggesting a short term weakening of the KLCI, thus a technical correction.With signals from the Bollinger Bands as well as the MACD histogram implying a consolidation of the KLCI, coupled with volume below the 40-day VMA level, the KLCI is likely to consolidate. However, this does not means an end to the KLCI short term uptrend for the KLCI is still above the Bollinger Middle Band.
综合指数 2009年 7月 24日
尽管隔夜美国道指上扬2.1%，富时大马综合指数周五依然未能突破1163点的阻力水平，所以1163点的胜图自动费氏线继续是综指的阻力水平，支持水平则依然是1096点及布林中频带。
如图中箭头A所示，布林频带（Bollinger Bands）不再打开，所以综指有进入盘整格局的迹象，接下来若布林频带开始收窄时，便确认综指进入盘整格局，届时布林中频带是综指调整的重要支持线。
如图中箭头B所示，马股总成交量只稍微增加0.5%，所以继续处于40天的成交量平均线（VMA）以下。这表示市场目前的交投依然未能达到理想水平，原因是投资者在综指遇阻后保持谨慎，等待新的指引。总的来说，成交量必须增加并达到40天的成交量平均值，届时综指才有望上扬突破1163点的阻力水平。
如图中C圈所示，平均乖离的振荡指标（MACD Histogram）上升速度开始缓慢下来，所以有形成圆顶（Rounding Top）的迹象，接下来若平均乖离振荡指标形成圆顶，便是综指短期进入盘整的讯号。
由于布林频带及平均乖离振荡指标都有综指盘整讯号的迹象，再加上成交量继续处于40天的平均值以下，综指目前依然有技术调整的隐忧，不过这并不代表涨势就此结束，因为综指依然处于布林中频带以上。
如图中箭头A所示，布林频带（Bollinger Bands）不再打开，所以综指有进入盘整格局的迹象，接下来若布林频带开始收窄时，便确认综指进入盘整格局，届时布林中频带是综指调整的重要支持线。
如图中箭头B所示，马股总成交量只稍微增加0.5%，所以继续处于40天的成交量平均线（VMA）以下。这表示市场目前的交投依然未能达到理想水平，原因是投资者在综指遇阻后保持谨慎，等待新的指引。总的来说，成交量必须增加并达到40天的成交量平均值，届时综指才有望上扬突破1163点的阻力水平。
如图中C圈所示，平均乖离的振荡指标（MACD Histogram）上升速度开始缓慢下来，所以有形成圆顶（Rounding Top）的迹象，接下来若平均乖离振荡指标形成圆顶，便是综指短期进入盘整的讯号。
由于布林频带及平均乖离振荡指标都有综指盘整讯号的迹象，再加上成交量继续处于40天的平均值以下，综指目前依然有技术调整的隐忧，不过这并不代表涨势就此结束，因为综指依然处于布林中频带以上。
No comments:
Post a Comment