KLCI at close 5.1.2011
The KLCI closed at 1566.17 up 14.28 points 0.92%. With the Stochastic Momentum Index at 79.91 and the Relative Momentum Index at 85.92 ; the market is currently overbought. However in a market with very bullish market sentiments, the reading for the Stochastic Momentum Index and the Relative Momentum Index could reach 100. The Inertia reading tells us the market trend is intact. Anyway it is good to be cautious.
"TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT" - TAN
