#WeeklyTechnicals: FBMKLCI - Constructive Pullback as Bulls Regain Strength Near Support
FBMKLCI: Upgrade to Slightly Bullish (from Neutral)
The technical setup of the KLCI chart is currently Slightly Bullish. The index remains in a medium-term uptrend, holding above the 150-day and 200-day moving averages (around 1,545–1,555), but recent price action shows weakening momentum after the sharp rally toward 1,640. The Bollinger Bands indicate c…
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