Technical Analysis : FBMKLCI 01/06/2011 / 综合指数 2011年06月01日

综合指数 2011年 06月 01日
如图中箭头A所示，富时大马综合指数（综指）在1566点阻力水平遇阻，按日下跌1.87点或0.1%。综指阻力水平依然维持在1566点及1576.95点的历史新高水平，支持水平则是图中所示的L1上升趋势线及14、21、31天EMA的动态支持线。

如图中箭头B所示，马股总成交量未能维持在40天的成交量平均线（VMA）以上，减少38.7%。一般来说，当综指遇阻而回软时，若成交量减退的话，一般代表着健康的拉回效应，而市场未有出现惊慌抛售的现象。不过，要是综指再次上探阻力水平，成交量必须明显的增加，那综指才比较有望突破阻力水平。

如图中C圈所示，随机指标（Stochastic）目前依然维持在70%水平以上，这是综指短期偏强的讯号，直到随机指标跌破70%水平为止。

总的来说，综指在周二大举上扬后，周三稍微出现回调时很正常的。只要接下来综指能在L1线或14、21、31天EMA动态支持线以上反弹，或再次形成较高底（Higher-Low），那综指有望再探1566点的阻力水平，甚至突破新高然后形成涨势。

HAPPY TRADING & GOODLUCK2ALL

Technical Analysis : 综合指数 2011年05月20日 / FBMKLCI 20/5/2011

综合指数 2011年 05月 20日
如图中箭头A所示，富时大马综合指数（综指）周五回跌2.99点或0.2%以1541.03点挂收。综指阻力水平依然是1552.74点的费氏线及最近的高峰（1566点），支持水平则是1525.57点的费氏线。


如图中箭头B所示，马股总成交量减少2.4%，因此成交量依然处于40天的成交量平均线（VMA）以下，这表示马股当前的交投还是属于低迷的，同时也暗示了投资者对马股信心不强，因此在缺乏足够承接力的状况之下，马股整体上暂时还是难以转强。
如图中C圈所示，随机指标（Stochastic）继续维持在70%水平的短期强势区域里，这表示综指短期走势暂时还是偏强的，直到随机指标失守70%水平为止。

总的来说，综指虽然短期走势稍微偏强，但是却未能形成涨势。这除了是综指还未形成较高底（Higher-Low）及未突破最近新高阻力水平以外，更重要的就是马股整体上缺乏足够的承接力。无论如何，综指亦未有出现转弱的迹象。

ZLBT Morning Views >>> Bursa Malaysia

Malaysian Stocks May Face Renewed Selling Pressure

The Malaysian stock market turned right back to the upside again on Friday, one session after it had ended the three-day winning streak in which it had collected more than 20 points or 1.3 percent. The Kuala Lumpur Composite Index finished just above the 1,540-point plateau, and now analysts are forecasting a soft start for the market when it opens on Monday.

The global forecast for the Asian markets suggests consolidation on continued unrest in the Middle East and debt concerns in Europe. Steel companies figure to bear the brunt of the damage, along with financials and technology stocks. The European markets were mixed on Friday and the U.S. bourses were sharply lower - and now the Asian markets also are expected to track to the downside.

The KLCI finished modestly higher on Friday as gains from the financial sector were dented by selling among the industrials and plantation stocks.

For the day, the index collected 8.45 points or 0.55 percent to finish at 1,540.74 after trading between 1,532.94 and 1,545.21. Volume was 1.18 billion shares worth 1.71 billion ringgit. There were 499 gainers and 258 decliners, with 303 stocks finishing unchanged.

Among the actives, CIMB Group, Sime Darby, Maybank, Genting, Axiata and Hong Leong Bank all finished higher.

The lead from Wall Street is negative as stocks moved sharply lower over the course of the trading day on Friday. Renewed concerns about the financial situation in Europe contributed to the weakness on Wall Street along with some strength in the value of the U.S. dollar.

Wall Street major averages moved roughly sideways in afternoon trading, stuck firmly in negative territory. The Dow fell 100.17 points or 0.8 percent to 12,595.75, the NASDAQ dropped 34.57 points or 1.2 percent to 2,828.47 and the S&P 500 slid 10.88 points or 0.8 percent to 1,337.77. With the lower close on the day, the Dow and the S&P 500 posted modest weekly losses of 0.3 percent and 0.2 percent, respectively, while the NASDAQ was nearly unchanged for the week.

HAPPY TRADING & GOODLUCK2ALL