{SWC} FBM KLCI/Malaysia 30, Closing Bell 14th Apr 2020
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Thank you for your continued support! :)
This Monday, the FBM KLCI main index closed 0.11% or 1.47 points lower. HKEX is closed for Easter Monday, and the US markets don't open until at night XD. Overall, KLCI was in sideway movement today.
The bears teased the 1350-1353 region, but a quick support was found as the KLCI touched today's lowest point at 1352.78, leaving a long lower shadow on the candle. On the 15 minutes chart, we further project a series of intraday fibonacci key levels and found that the 38% at 1359.78 was putting up some resistance as the KLCI tried to move higher in the afternon. Will the 1350-1353 support hold next time?
Stay safe, everyone :)
This Monday, the FBM KLCI main index closed 0.11% or 1.47 points lower. HKEX is closed for Easter Monday, and the US markets don't open until at night XD. Overall, KLCI was in sideway movement today.
The bears teased the 1350-1353 region, but a quick support was found as the KLCI touched today's lowest point at 1352.78, leaving a long lower shadow on the candle. On the 15 minutes chart, we further project a series of intraday fibonacci key levels and found that the 38% at 1359.78 was putting up some resistance as the KLCI tried to move higher in the afternon. Will the 1350-1353 support hold next time?
Stay safe, everyone :)
Note
The title should be 13th Apr 2020, Haha
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