Bursa Technology Index predicts to Rally if able to break ATH

Bursa Tech Index shown a good example of compliance to Fibo Extension.

2nd High/ATH is at Fibo extension of 1.618 and retrace to Lower High. this HL is well supported (2x double bottom)

If the index break 93.9 (ATH) - Technology Index and its counters should rally together with Bursa Index.

Observer the STO cross, which shows an early rally indicator.
bursamalaysiaFibonacciindexOscillatorsSupport and Resistancetechnology

Disclaimer