FBMKLCI opened with a gap down at Daily S1. It went higher in early session but could not penetrate the daily pivot point and consequently it moved south to daily S3 level. The bearish sentiment resulted in a sold/black candle with a short shadow reflecting not much buying support.
FBMKLCI just managed to close below the support level of 1475 but well above the weekly S1 level, for the next 1-2 days the index is expected to cross over the 5d MA and retesting the 1475 level again.
