Technical Analysis : FBMKLCI 31/10/2011 综合指数 2011年 10月 31日

FBM KLCI 31/10/2011
On Monday, the FBM KLCI had its intraday low reaching 1475.71 points, but started to pick up some strength again in the afternoon session, and at the end of the trading day, gaining 10.07 points or 0.68%, to close at 1491.89 points. Despite breaking above 1487 resistance, the break out is yet to be confirmed, as the break out was not supported by strong volume. Support for the FBM KLCI remains at 1453 followed by the 14, 21, 31 EMA dynamic support.

 As indicated by B, total market volume fell 29.07%, but still above the 40-day volume moving average. This suggests that the market is still activity participated, but the retreat of volume has failed to confirm the breakout of the KLCI above its resistance.

As indicated by C, the Stochastic stays above 70%, in the short term bullish territory. Therefore, this suggests that the short term movement of the KLCI is still positive.

In conclusion, the short-term uptrend of the KLCI remains intact, and with the KLCI above the 14, 21, 31 EMA, the technical outlook for the FBM KLCI is positive.

综合指数 2011年 10月 31日

富时大马综合指数（综指）一度回调下滑至1475.71点的全日最低，惟在午盘时因重量级蓝筹股项的带动之下回弹，并以1491.89点挂收，按日上扬10.07点或0.68%。如图中箭头A所示，虽然综指稍微突破1487点的费氏线，但此突破的讯号有待进一步的确认。这是因为马股周一的成交量明显的减退。无论如何，综指支持水平依然是1453点的费氏线及14、21、31天综合加权移动平均线（Exponential Moving Average – EMA）的动态支持线。

如图中箭头B所示，马股总成交量周一减少29.07%，不过依然能处于40天的成交量平均线（VMA）以上，这表示马股整体上的交投还是属于活跃的。由于成交量明显的减少，因此未能确认综指突破阻力水平的讯号。

如图中箭头C所示，随机指标（Stochastic）继续维持在70%水平以上的短期强势区域里，这表示综指短期的走势截至目前为止仍然是偏强的。

总的来说，尽管马股总成交量的减少，但是综指目前的短期涨势依然是完整的。以技术而言，只要综指能继续获得14、21、31天EMA动态支持线的扶持，那综指当前的技术展望仍然是处于正面的。

祝你好运