Bollinger band reading : side way range bound.
MACD Histrogram : recovering, seller closing position.
Support : 1325, 1318, 1310 level.
Resistant : 1330, 1337, 1345 level.
Comment :
Positive European zone sentiment, improved US data and positive reaction on Bank Negara rate hike lead buyer to come in pushing market to surge higher with improve volume traded. Daily chart wise, market is well supported at middle Bollinger band and could continue testing the upper Bollinger band resistant level with the outlook having side way range bound reading.
When to buy : buy at support or weakness with quick cut loss and profit target.
When to sell : sell at resistant or strength with quick cut loss and profit target.
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