Wednesday, June 20, 2012

2012 June FBMKLCI Analysis 2

chart (A)
  • First of all, try to refer back my previous analysis  http://christrade.blogspot.com/2012/06/2012-june-fbmklci-analysis.html 
  • It hits my Fibonacci Projection 61.80% and going to hit my 100% Fibonacci Projection resistance level
  • Fibonacci 61.80% become my first support level and I remain the same previous critical support level.
  • The last 3 candlestick ( a small black doji ) hits my resistance. So it proved that my previous forecast call is correct said by Mr Market. 
  • What is the next level? Look at the highest Resistance.


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