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Sell on riseKLSE is looking a bearish for atleast next 2 years. Any rise towards 1650-1700 should be used to short with SL above 1750 (weekly close) for Target of 1000 & 920
Bursa Malaysia Spot Index looks weakAs per last one month KLSE index trading in range of 1680-1720 just below 61.8% Fib retrenchment level of rise from July-18 to Aug-18.
If index trade below 1700 level then fall to 1670-1660 level.
Volume addition in selling suggest major delivery based selling happening.
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