Technical Analysis : 富时大马综合指数 2012-02-13 FBMKLCI 13/02/2012

富时大马综合指数  2012-02-13

如图中箭头A所示，富时大马综合指数（综指）周一在窄幅中波动，按日微扬1.16点或0.07%，以1562.82点挂收。综指当前支持水平除了是14、21、31天综合加权移动平均线（Exponential Moving Average – EMA）动态支持线以外，就是1530-1540点的水平。

如图中箭头B所示，马股总成交量周一减少20.67%，不过成交量依然能处于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。以技术而言，若综指（或马股整体上）进入横摆调整时成交量减少的话，那通常表示是一个健康的盘整格局。

如图中C圈所示，随即指标（Stochastic）还是处于70%水平以上，这是综指短期强势区域的讯号，表示综指短期走势还是偏强的。

总得来说，综指涨势至今依然是完整的，而只要综指还是能获得14、21、31天EMA动态支持线的扶持，那综指当前的技术展望也还是处于正面的。综指接下来的阻力水平落在1600点的整数点。 

FBM KLCI 13 Feb 2012 
As indicated by A, the KLCI was traded in narrow range on Monday, gaining 1.16 point or 0.07%, to close at 1562.82 points. Meanwhile, other than the 14, 21, 31 EMA dynamic support, support for the KLCI is at 1530 – 1540.

As indicated by B, total market volume fell 20.67%, but volume remains above 40-day volume moving average, and this suggests that the market overall is still actively participated. Generally, if volume should reduce during a consolidation of the KLCI, it suggests a healthy correction or consolidation.

As circled at C, the Stochastic remains above 70%, in the short term bullish territory. This suggests that the short term movement of the KLCI is still positive.

In short, the utprend of the KLCI remains intact, and provided that the KLCI is still supported by the 14, 21, 31 EMA dynamic support, the technical outlook is also positive. Next resistance for the KLCI is at 1600.

HAPPY TRADING