FTSE KLCi (see below) previously was red sell diamond turned green minor buy diamond in 1.5 months period.
The iVSAChart registered a major diamond on May 2, 2017 after minor buy diamond. This is positive sign of bullish market.
However, we registered a UT or upthrust, red down arrow, sign of weakness.
The market has built an increase in support at 1768 yesterday, but started to weaken at 1788 today.
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