Observation
1) Trendline - downtrend- (Bearish)
2) Formed lower low - (Bearish)
3) MACD -4G1R(Bearish)
4) RSI - Heading towards 50% and below (Bearish) -
5) Sto - Formed Bearish Crossover and broke below 30% (Bearish)
6) ADX - high momentum and Bearish( Bearish)
7) Candle Stick - 3 Strong Black Crow (Bearish)
7Points
0 Points
Winner Bear ( Throw down wrestling style)
KLSE crashing down even with Dow going up 4 days in a row. which shows that profit taking or correction is on the way ( Switch my unit trust to Bond First). Please watch aside first before going into the market. Notice why i did not post any stock because all the stock are selling down which is about 80% chances it will go down. Now i am trading longing gold for long term before going into KLSE market agian
KLSE crashing down even with Dow going up 4 days in a row. which shows that profit taking or correction is on the way ( Switch my unit trust to Bond First). Please watch aside first before going into the market. Notice why i did not post any stock because all the stock are selling down which is about 80% chances it will go down. Now i am trading longing gold for long term before going into KLSE market agian
Entry Price 1483
Resistance at 1493
Support a 1422 and 1394
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