FTSE Bursa Malaysia MID 70 Index
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FBM70 Weekly Update - 03w05m19y

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FBM70 drop around 200pts (400pts previously). Rebound might happen (low chance) since the RSI rebounded from oversold zone.

FBM70 formed a lower high during this week. We see a downtrend will be started as the lower high formed after the price fail to stay above previous support (13900pts) during rebound.

Immediate resistant - 13900pts
Immediate support - 13550pts

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