Composite Index 16/03/2010The KLCI had its intra-day low reaching 1295.31 points, but it managed to rebound from the 14-day Exponential Moving Average (EMA), forming a rather narrow candlestick. This suggests a mixed signal, implying that the 14, 21, 31 EMA is likely to support for the KLCI for now. As indicated by A, the 14-EMA now serves as the dynamic support for the KLCI while the next support is at 1292.33 Automatic Fibonacci Retracement. Resistance for the KLCI is at 1300 level and 1308 Automatic Fibonacci Retracement.
As indicated by B, total market volume declined another 11.2%, with volume remains below the 40-day VMA level. Therefore, this shows that the market is lightly participated, which is quite normal for the KLCI is having its technical correction.
As indicated by C, the Stochastic is now testing the 30% level, and if the Stochastic should break below 30%, it would enter a short term bearish territory, and the short term movement of the KLCI is expected to weak.
In conclusion, since being resisted by the L1 resistance line, the KLCI has continuously fallen for 4 days. With the KLCI temporary stopped by the 14-day EMA, there is a chance of a rebound above the 14-day EMA line.
综合指数 2010年 03月 16日富时综合指数一度下滑至1295.31点的全日最低点，惟综指随后在14天加权移动平均线（EMA）获得扶持，综指形成一个小阴阳烛（Small Candle），这表示综指的买方及卖方出现势均力敌的状态，这通常是综指获得扶持的迹象。
如图中箭头A所示，综指精确的在14天EMA上获得扶持，这是综指当期的动态支持线，综指下一道支持水平则是处于1292.33点的费氏线，阻力水平则是1300点的心理阻力及1308点的费氏阻力线。
如图中箭头B所示，马股成交量减少11.2%，所以成交量持续的低于40天成交量移动平均线（VMA）的水平，这是综指维持在调整巩固或淡静格局的典型状态。一般上，成交量将继续的维持在40天VMA以下，直到交投再度活跃为止。
如图中箭头C所示，随机指标（Stochastic）在30%的水平徘徊，这显示综指的短期走势并未进入跌势，接下来若随机指标在30%回弹，这将是综指成功避开进入短期跌势的讯号，通常这也意味着综指有望出现技术反弹。
总的来说，综指自在L1的上扬趋势阻力线遇阻后，连续下滑了4日，由于综指在14天EMA上获得扶持，再加上随机指标并未跌破30%的水平，所以若外围因素不变，那接下来综指将有望出现技术反弹。
No comments:
Post a Comment