Technical Analysis : 综合指数 2010年11月01日/FBMKLCI 01/11/2010

综合指数 2010年 11月 01日
如图中箭头A所示，富时综合指数一度上探至1511.24点，惟综指随后在套利下稍微回软，综指最终以1509.66点闭市，按日上扬4点。综指当前的支持水平仍然是1500点的心理支持水平，阻力水平则是1525点的费氏线。

如图所示，布林频带（Bollinger Bands）打开24%，虽然综指上升的幅度不大，不过由于综指依然处于布林中频带以上，所以综指目前仍然算是处于一个开始转强的格局，直到布林频带开始收窄为止。

图中箭头B所示，马股的交易量减少13.1%不过由于交投活跃，成交量仍然成功的处于40天成交量移动平均线（VMA）以上，这显示整体市场仍然有充足的承接力量，这对综指保持转强的格局是有利的。

如图中箭头C所示，随机指标（Stochastic）稍微下滑，不过仍然维持在70%以上，这表示综指的短期走势目前仍然处于一个上扬的格局，直到随机指标跌破70%为止。

总的来说，虽然综指上扬的幅度不大，不过由于布林频带继续打开，以技术而言，综指目前仍然属于一个上扬的格局，直到布林频带开始收窄为止。另外只要随机指标一直处于70%以上，综指的短期走势则有望维持在上扬的格局，换句话说，若随机指标跌破70%，这将是综指出现调整的先兆。

FBM KLCI 01 Nov 2010
As indicated by A, the KLCI had its daily high reaching 1511.24 points, closing the day at 1509.66 points, upped 4 points. Immediate support for the KLCI is at 1500 while the next resistance is at 1525.

As shown on the chart above, the Bollinger Bands expanded 24%, with the KLCI above the Bollinger Middle Band, thus the Bollinger Bands is suggesting a bullish signal.

As indicated by B, total market volume fell 13.1%, with volume still above the 40-day volume moving average. Therefore, this suggests that the overall market is still well-participated, as the market sentiment as a whole is still on the positive side.

As indicated by C, the Stochastic retreated slightly, but still above 70%, in the short term bullish region. This suggests that the market movement for the short term is still bullish bias.

In conclusion, the immediate technical outlook for the KLCI remains bullish bias, as the Bollinger Bands re-expands with the KLCI above the Bollinger Middle Band.

For the time being, technical readings of the KLCI are showing positive signals. If the Stochastic should break below 70%, it would be a signal suggesting a beginning of a technical correction for the KLCI.

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