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FBM Small Cap Index - Bulls Are Under Bearish Pressure

The current market is weak as the bears are still in charge. Last Friday, the FBMSC rebounded by 61.86 pts to settle at 15,169.40 pts. It formed a white candle that pierced more than half of the prior black candle’s body. This usually signals that the positive momentum is revving up. Nevertheless, until we witness a solid bullish follow-through, we think that the index is merely taking a



This post first appeared on KLSE Bursa Malaysia Blog One-Stop, please read the originial post: here

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FBM Small Cap Index - Bulls Are Under Bearish Pressure

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