TECHNICAL ANALYSIS >>> 综合指数 2009年 10月 14日 / Composite Index 14/10/2009

综合指数 2009年 10月 14日
布林频带（Bollinger Bands）打开幅度再度增加（+18%），而富时综合指数依然高于布林中频带（Bollinger Middle Band），所以综指再度上扬。无论如何，如图中箭头A所示，综指精确的在1248点的费氏线遇阻，所以1248点将继续成为综指的阻力水平，支持水平则是1200点的心理支持水平。

如图所示，布林中频带也跟随综指上扬，这是综指当前的动态支持线，通常只要综指在调整时在布林中频带获得扶持，综指的涨势将有望维持下去。

如图中箭头B所示，马股成交量增加34.1%，这所以成交量成功的守住40天成交量移动平均线（VMA）的水平。在连日来成交量增加下，市场的承接力量也更随增加，这对综指转强上扬继续有着正面的作用。

图中C圈显示胜图强弱指标（WRSI）缓缓上扬，有突破70%的迹象，若胜图强弱指标能成功上扬突破70%的话，以技术分析而言，综指的中期走势将有望进入中期上扬的格局，直到胜图强弱指标跌破70%为止。

虽然综指上扬1.1%，不过综指精确的在1248点的费氏线遇阻，这是1524.69点至801.27点的61.8%黄金回归线（费氏线），这意味着综指接下来将面对一定的卖压，不过若成交量能继续的维持在40天成交量平均值以上，那综指将有望突破此阻力，综指的后市将有望更上一层楼。
Composite Index 14/10/2009
The Bollinger Bands expanded 18%, with the FBM KLCI above the Bollinger Middle Band, and as a result, the KLCI ended higher. Nevertheless, as indicated by A, the KLCI is now precisely resisted by 1248 Fibonacci Retracement, and therefore, the resistance is still at 1248 Fibonacci Retracement while the support remains at 1200 psychological level.

As shown on the chart above, the Bollinger Middle Band is also rising, while still serving as the dynamic support for the KLCI. Provided that the KLCI is well supported by the rising Bollinger Middle Band, the uptrend shall remains intact.

As indicated by B, total market volume increased 34.1%, with volume staying above the 40-day VMA level. This suggests that the overall market participation is improving, thus the market sentiment is likely to be positive. Therefore, this will help the KLCI to sustain its uptrend.

As circled at C, the WinChart RSI is rising gradually, and it is likely to break above 70% level. If the WinChart RSI should break above 70% level, it would be a signal suggesting that the mid term movement of the KLCI is turning bullish.

Although the KLCI rose 1.1%, it is testing the 1248 Fibonacci Retracement, which is the 61.8% retracement level between the highest 1524.59 points and the lowest 801.27 points. Generally, this is an important resistance level, and if the market volume should remains strong, there is still a good chance for the KLCI to break above this 1248 barrier.