fightingdragons

FINANCE: Possible End of Cycle

Penjualan
MYX:FINANCE   Bursa Malaysia Finance Index
From 2003 to 2018, each cycle from peak to peak for FINANCE index lasts between 36-46 months. Recent high in early May 2022 is equivalent to 49 months.

Other indicators:
- Negative divergence on monthly chart (CCI)
- Similar negative divergence also appear on the monthly chart for big caps like PBBANK, MAYBANK, HLBANK, CIMB.
Trade aktif:
Broke neckline of H&S
Komentar:
Bear flag forming. Gap down from bear flag but push back up. 4pm selldown? Watch out for gloves going the opposite direction to banks.
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.