Comment :
1) FBMKLCI has fell below Neckline A on 19-Sept, the prior short term rebound is likely over. The next supporting/rebounce point is expected to be around 1402. The bearish trend underway since 19-Aug. Please take cautious in your trading plan at the moment as the market could be getting more fluctuate.
2) TrendX+ indicator - red candlestick still moving below trend line, mid-term downtrend.
3) DDX+ indicator - bear signal on 19-Aug still valid.
4) MCDX+ indicator - banker bar (red) is absent, while retailer bar possess more than 80%.
Support & Resistance :
R : 1402 +/-
Remark :
Length of ab=cd
DISCLAIMER :
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.