Sunday 27 September 2020

Weekly Market Update Date: 27/9/2020

 KLCI



KLCI still within the downtrend channel but we can see a higher low was formed. MACD and Stochastic also have bullish crossover. The momentum seems good and possible breakout of downtrend channel.


DJIA


DJIA now moving around the important at 27100. MACD not doing well. If DJIA continue to move up then we can expect to see MACD bullish crossover by next week. Stochastic already bullish crossover but still below 20 level.

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