Technical Analysis : 综合指数 2010年12月22日 / FBMKLCI 22/12/2010

综合指数 2010年 12月 22日
如图中箭头A所示，富时综合指数进一步上扬9.87点或0.66%，以1515.05点闭市，综指当前的阻力水平是1532点的费氏线，支持水平则保持在1500点的心理支持水平，另一方面，综指也将面对如图所示的三角形阻力，若综指能上扬突破此三角形，综指将有望更上一层楼。

如图所示，综指上扬突破布林中频带，再加上布林频带稍微打开4%，所以综指继续上扬，接下来若布林频带明显的打开，综指将有望出现新一轮的上扬趋势，直到综指跌破布林中频带为止。

如图中箭头B所示，马股成交量稍微减少7.95%，惟成交量仍然达到40天成交量移动平均线（VMA），这显示市场的承接力量依然充足，这对综指继续保持转强趋势是有利的。

如图中箭头C所示，随机指标（Stochastic）上扬达到70%的水平，这显示综指的短期走势有确认进入上扬格局的迹象，接下来只要随机指标继续上扬并且保持在70%以上，综指的短期走势将有望维持在上扬的格局，直到随机指标跌破70%水平为止。

总的来说，综指在上扬突破了14、21、31天加权移动平均线（EMA），综指继续出现转强的走势，接下来若综指能保持在布林中频带以上，再加上布林频带明显的打开，综指将有望恢复上扬的趋势，上探1532点的阻力水平。

FBM KLCI 22 December 2010
As indicated by A, the FBM KLCI gained 9.87 points or 0.66%, to close at 1515.05 points. The immediate resistance for the KLCI remain at 1532 while the support is still at the 1500 level. Meanwhile, the KLCI is also set to test the descending line of the triangle.

As shown on the chart above, the Bollinger Bands expanded with only 4%, but still the immediate technical outlook turns slightly positive as the KLCI breaks above the Bollinger Middle Band. If the Bollinger Bands should continue to expand, while the KLCI stays above the Bollinger Middle Band, more upside room is expected for the KLCI.

As indicated by B, total market volume fell 7.95%, but with volume above the 40-day Volume Moving Average. Generally, if volume could stay above the 40-day Volume Moving Average, the market sentiment is expected to improve.

As indicated by C, the Stochastic rebounded strongly, breaking above the 70% level by margin. If the Stochastic could stay above 70%, it means that the KLCI short term movement is picking up strength again.

In conclusion, technical outlook is turning positive as the KLCI regain its position above the Bollinger Middle Band, as well as the 14, 21, 31 EMA. The KLCI is set to test the all time high resistance of 1532.

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