Constructed and Written by Smartbiz
Friday, local sentiment was seen weaker as regional markets retreated after yesterday's gains. The Oscillator soaked in the red most of the day but last minute buying pulled it to end at its day-high at -43.29; gained 162.39 when compares with its opening point. The Average recorded a loss of 244.15. 
In MSCD, %K (Yellow) computed as +56.92 (-54.72), %D (Red) -9.66 (-18.77) and the Histogram +50.65 (+3.98).
Technical Analysis
After today’s trade, both indicators hooked slightly down and %D failed to retain its positive position chalked in Thursday. The Histogram continued to print higher bar in the positive zone.
In fact, market sentiment has gradually built up an optimistic base and confidence will maintain so long as FBMKLCI stays above the 1,500 level.
(Note: Explanation for Intra-Day MSO and MSCD are archived under "Labels" at the lower portion of the sidebar.)
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