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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Bingo! KLCI fail testing the resistance at 1497 and manage to find its support at 1473 and close at 1480. Will tomorrow KLCI break support at 1442 &1428? Superb mega sale...
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