Technical analysis is the forecasting of market prices by means of analysis of data generated by the process of trading. Technical analysis relies on the assumption that markets discount everything except information generated by market action, ergo, all you need is data generated by market action.
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ADX, MACD,RSI, STO signal look superb bull. If bull continue next week, KLCI will test weak resistance at 1598 and major resistance at 1605. Its support at 1582, if break below next support will be 1568.
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