KLSE CHART ANALYSIS FBMKLCI 27 November 2012

Today was disastrous after breaking below the 1600 support line with 188 rise and 565 fall..

Indicators

1 ) Trendline - below the downtrend line .. ( Bearish )
2)  Support/Resistance - Broke below the previous low at 1600 and if break below 1594 it will be super bearish ( Bearish ) 

3) MACD -Bearish Crossover and 4G2R  ( Bearish )
4) RSI - Broken below 30% (Bearish) ,

5) STO - Broke below 20% and bearish crossover (Bearish)
6) Ichimoku -  a) Price coming entering from the support cloud (Bearish).

                       b) Conversion line  below the base line (Bearish).
                       c) Price close below the baseline ( Bearish) .
7) Candlestick pattern - Black Candle  (Bearish).

Conclusion:

Bearish

Broke below 1600 and if break below 1594 will indicate downtrend..

Resistance-  1600 / 1621 / 1649 /  1668 /1681 /1725

Support -   1594 / 1581