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 April 21, 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 on May 3, 2017.
The market registered a red down arrow at 1773.84 on May 26, 2017 which consistently remained downgraded for a few days and now strengthen by registering green minor buy diamond for the past few days and until today at 1790.62 June 6, 2017.
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