Saturday 8 July 2017

FTSE Bursa Malaysia Small Cap Index (FBMSCAP - 8641) - Sign of Weakness ?

Daily chart of FBM BM Small Cap.

Daily chart of FBM Emas Shariah.


Daily chart of FBM Hijrah Shariah.

Both FBM Small Cap Index and FBM Emas Shariah Index are close at the edge of breaking the final S-Trader Trend Tracker Support level. 

As for FBM Hijrah Shariah Index had broken all the S-Trader Trend Tracker support levels on 28 June.

Potential sign of bear taking over the bull.

Related post, FTSE Bursa Malaysia Small Cap Index (FBMSCAP - 8641) - Correction Around the Corner ?
 
Note : S-Trader indicators/tools is not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us. 

Source : 
1) Metastock

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