Wednesday, March 23, 2011
Meanwhile, the Bollinger Bands is still not expanding, thus it is not showing any signal for the FBMACE, except suggesting that the KLCI is basically still consolidating.
As indicated by C, the Stochastic breaks above 70% by margin on Wednesday, entering the short term bullish territory. If the Stochastic could stay above 70%, the short term movement of the KLCI is likely to be positive.
Posted by Zhuge Liang at Wednesday, March 23, 2011