
- In the last post, I mentioned that KLCI might go up to the lower of the upper channel for window dressing purpose (highlighted middle yellow)
- It exceeded my expectation and blasted through the line
- From here we have a clear trading channel line (highlighted yellow bottom and top)
- We would need to see what the price does when it approaches the 2 lines (support/ resistance) for us to make the next educated guess
- Happy holidays
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