KLCI Technical Reading Summary

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Technical  indicators  for  the  FBM  KLCI  have  turned  bullish  following  the  strong  windowdressing  surge  on  blue  chips  last  week,  with  a  fresh  daily  stochastics  buy  signal  and  daily MACD  poised  to  trigger  a  buy  supporting  further  upside  momentum.  However,  investors should be aware that window-dressing buying may peak on 31 December, hence profit-taking correction


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