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- Kuala Lumpur Composite Index Forecast
US federal government shutdown What will happen to their Stock market ? Will history repeat ? like what happen in yr 1995 Dec 16th ? Going up based on TC , by the way , Sifu do u hv DJI historical data from the begining 1896 until 1929 ? Well after US tonight close then we will get the answer.
If Monday CI able to move up above 1778 then break 1784 our market will look good else if drop below 1769 beware, come to the worst you see 1765 be very alert.
Red and brown Horizontal line are resistance , blue and green line are support.
From Auto R/S CiI had reach it resistance points from TC (Arrow) had also reached it TC point, now will CI come to the time of correction or just a little pull back , due to strong US market. The red horizontal is 1788 and the brown is 1790. Beware of TC high of composite index .