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Thursday, February 23, 2012

Sentiment Index - Malaysia Stock Market

Constructed and Written by Smartbiz

Local sentiment progressed in full pessimism with the Intraday Oscillator slid deep into the red to end at -2,024.83; lost 1,296.10 when compares with its opening point. The Average recorded a loss of 1,299.33.

In MSCD, %K (Yellow) computed as -404.89 (-162.57), %D (Red) -170.63 (-90.33) and the Histogram -101.70 (-33.14).

MSCD - Technical Analysis

After today’s trade, both indicators continue to point south and the Histogram printed yet another longer bar in the negative area.

Market sentiment has stuck in deep consolidation and expected to have a longer duration.

(Note: Explanation for Intra-Day MSO and MSCD are archived under "Labels" at the lower portion of the sidebar.)

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