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Monday, July 30, 2012

Technical Analysis : 富时大马综合指数 2012-07-30 / FBM KLCI 30 July 2012

富时大马综合指数 2012-07-30
如图中箭头A所示,富时大马综合指数继续获得14、21、31天EMA动态支持线的扶持,按日回弹7.41点或0.46%,以1632.35点挂收。虽然综指暂时还未能重返L2线以上,但是只要综指能继续获得14、21、31天EMA的扶持而形成较高底(Higher-lows)的话,那综指基本上还是维持在涨势中。综指阻力保持在1647.94点的水平。

如图中箭头B所示,马股总成交量增加了25.58%,使得成交量上扬突破了40天的成交量平均线(VMA)的水平。简单来说,只要成交量能继续维持在40天的成交量平均线(VMA)以上的话,那表示马股整体上的交投是活跃的,而这将有助于综指(或马股整体上)延续上扬格局。

如图中箭头C所示,随机指标(Stochastic)回弹,上扬突破了30%水平而摆脱了短期弱势的区域。以技术而言,这表示综指短期避开了偏弱的格局,目前显示着中立的讯号。若随机指标接下来能上扬突破70%水平的话,那表示综指短期再次进入偏强的格局。

总的来说,综指在14、21、31天EMA动态支持线获得扶持而反弹,有形成较高底的可能。若综指形能成较高底的话,届时综指的涨势将有望维持下去,后市继续看俏。以技术而言,只要综指能维持在14、21、31天EMA以上,那综指的技术展望将处于正面。

FBM KLCI 30 July 2012
On Monday, the KLCI rebounded 7.41 points or 0.46% to close at 1632.35 points, after finding its support from the 14, 21, 31 EMA dynamic support. Although the KLCI has not yet returned to above the L2 line, with the KLCI being supported by the 14, 21, 31 EMA, the KLCI is basically still in its uptrend.
Resistance for the KLCI is at 1647.94 points.

As indicated by B, total market volume increased 25.58%, with volume above the 40-day Volume Moving Average. This generally suggests that the market is actively participated, and if volume could sustain above the 40-day Volume Moving Average, it would help sustain the KLCI or the market overal uptrend.

As indicated by C, the Stochastic breaks above 30%, leaving the short-term bearish territory as the KLCI rebound. Currently, the Stochastic is showing a neutral signal. If the Stochastic could break above 70%, it would be a short-term bullish signal for the KLCI.

In conclusion, with the KLCI rebounding from the 14, 21, 31 EMA, there is a chance for the KLCI forming higher-lows, if so, it means that the KLCI is likely to extending its uptrend movement. Technically, provided that the KLCI could stay above the 14, 21, 31 EMA, the technical outlook for the KLCI remains positive.

HAPPY TRENDING


Saturday, July 28, 2012

FKLI >>> Strategic Battle At The Daily SMA 20,25,30; Weekly Chart Steady

Bears Launch Assault With 6 Daily Lows
Weekly Down 23.5 points, Bulls Poised For Counter-attack
To further ENLARGE images >>> right click mouse click "OPEN IN NEW TAB"
FKLI Weekly Chart shows some profit takings or consolidation at the beginning of Ramadan.
This is no exception other than the norm.
No major weakness alert noted in Weekly Chart

HAPPY TRENDING


Wednesday, July 25, 2012

DJIA Technical Analysis 25 July 2012

Right click mouse "Open In New Tab" for bigger image
Bulls' Effort Too Little, Too Late as Dow Retreats 104; Index Suffers Third Straight Triple-Digit Drop
The Dow closed lower for the third day in a row and below the June-July uptrend line crossing near 12,627 amid increased speculation that Greece may miss debt reduction targets.

Additional pressure came from news that United Parcel Service Inc. lowered its profit forecast.

Today's breakout and close below the June-July uptrend line crossing near 12,627 confirms that a trend change is taking place while opening the door for sideways to lower prices into August when a seasonal low is due to be posted. Today's low-range close sets the stage for a steady to lower opening on Wednesday as the door is open for a test of the previous reaction low crossing at 12,492 possibly on Wednesday.

Closes above the 20-day moving average crossing at 12,747 would temper the near-term bearish outlook. Stochastics and the RSI are diverging and are turning bearish signaling that sideways to lower prices are possible near-term.

First resistance is the 20-day moving average crossing at 12,747.
Second resistance is last Thursday's high crossing at 12,977.
First support is today's low crossing at 12,521.
Second support is the reaction low crossing at 12,492.

HAPPY TRENDING

Tuesday, July 24, 2012

FKLI Tweezers >>> A formidable Resistance

Tweezers Proved It's Resistance Potency Last Friday
MACD 6,12,6 concurred with Dead Cross
The FBM KLCI dropped 6.83 points on Monday but the FKLI almost double that with a 13 points loss. This is due to the premium/discount factor in index futures trading albeit with a little exuberance from the bears. Given the opportunity, the bears may further aggrevate the selling by pressuring the FKLI into deeper discount.
Buyers >>> buckle your safety belt :P

HAPPY TRENDING

Friday, July 20, 2012

Technical Analysis : FBMKLCI 20/07/2012 / 富时大马综合指数 2012-07-20

FBM KLCI 20 July 2012
Despite having its daily high reaching 1647 points, the KLCI ended lower on Friday, closing at 1643 points, losing 1.6 points. The KLCI is likely to consolidate with the 1647 as the immediate resistance. Meanwhile, as indicated by A, the 14, 21, 31 EMA is still serving as the dynamic support to the KLCI while the L2 uptrend line remains intact.

As indicated by B, total market volume increased 9.98%, with volume above the 40-day Volume Moving Average. However, together with the score board showing losers outnumbering gainers, the higher volume suggests profit taking was relatively active on Friday. Fortunately, losers were only marginally higher than gainers, with 410 losers vs 376 gainers.

As circled at C, the Stochastic remains above 70%, in the short-term bullish territory. This suggests that the KLCI short-term movement is still positive, and not showing any weakening signals yet.

In conclusion, the KLCI is at consolidation mood, but the uptrend remains intact. As long as the KLCI could stay above the 14, 21, 31 EMA and the L2 line, the technical outlook for the KLCI is still positive.

富时大马综合指数 2012-07-20
尽管富时大马综合指数周五一度上探1647.41点的全日最高,但是最终仍然收低,以1643点挂收,按日微跌1.60。综指继续有盘整的迹象。综指阻力依然落在1647点。图中箭头A所示的14、21、31天EMA依然是综指的动态支持线而L2的上升趋势线也还是完整的。

如图中箭头B所示,马股总成交量周五增加了9.98%,配合马股周五下跌的股项超过上升股,因此这成交量的增加,表示套利活动也活跃起来。无论如何,若接下来综指还是维持在盘整格局的话,成交量若能减少的话才算是最理想的盘整格局。

如图中C圈所示,随机指标(Stochastic)虽然稍微下滑,但是始终维持在70%水平以上。这表示综指短期的走势还是处于强势中,暂时未有任何转弱的讯号。

总的来说,综指继续在窄幅中波动,有处于盘整格局的迹象。但是综指涨势依然是完整的。以技术而言,只要综指还是能获得14、21、31天EMA及L2上升趋势线扶持的话,那综指的技术展望也还是处于正面的。

祝你好运