Our FBMKLCI had been in raging mode since the first day of 2017, opening at 1,636.94 and continue to move upwards like there is no tomorrow. Maybe the year of rooster really fly off~ Lets take a look at our FBMKLCI daily chart.
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| FBMKLCI Daily Chart |
After a V-shape rebound, our index had been in an uptrend mode. Till now, it had surged up around 4%. Notice i had 2 simple moving averages? SMA50 and SMA200. Our market had broken the sideway pattern and seems there's a small bull run. And not to mention our FBMACE Daily Chart as well.
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