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The stock market rebounded and shot higher just as we anticipated. The QQQs also broke above a 15 min ascending triangle. Meanwhile oil has broken out of a 60 min ascending triangle. Bitcoin which broke out of an ascending triangle in the 60 min also continued higher but as it reaches resistance area, we can expect it to slow down and hopefully trade sideways more so that we can find another bullish consolidation breakout.
Let's take a look at the charts below and see what it wants to tell us.
Charts with the Freestockcharts.com label are courtesy of Freestockcharts.com
Charts with the investing.com logo are courtesy of Investing.com powered by Trading View
May 22, 20 08:57 AM
Will the sell in May and go away materialize this year? Let us take a look at the charts of the market and see what it tells us.
May 22, 20 08:52 AM
KLCI has gone up quite a lot since the lows but where do we go from here? Let us take a look at the charts to analyze the KLCI.
Apr 30, 20 07:49 AM
What is the stock market likely to do from this impact of the Coronavirus? Will it continue to fall or a bottom is near. We will use charts to guide us.
Apr 30, 20 07:44 AM
The Malaysian stock market has been badly battered following political uncertainty and the Coronavirus. Let us chart the KLCI and see where it is likely to go.
Apr 24, 20 07:20 AM
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