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[OTHERS] KLCI Peaking @ 1303 ???

1303 or around there was the previous high years back.
Index shall be hitting there soon. I'm guessing it's a Resistance.

What will happen?

1/ Index will test those levels a few time before Breakout higher
2/ Index test the resistance level; then will go down all the way

We hope to see no 1, a BULL RUN

In trading we hope to see the BETTER side
but market is not so kind either. So have a stoploss somewhere.

Hope to get some response here. Thx guys
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yeah 1305 was the last high back in April 2008. That certainly is a "natural" resistance. Regardless if we get there or not, I don't think it is sustainable. As much as I hope for a bull market, I think the whole rally since we hit 800 is very overstretched and nearly done. Let's see...
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REVERSAL DID HAPPENED

HOPE NOW..REVERSAL UPWARDS
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Ther reverse uptrend will definitely happen and it will be very soon. Now is the best time for buy on weakness
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reversal already confirmed
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