Bursa Malaysia May Extend Losing Streak
Bursa Malaysia May Extend Losing Streak
The index remains below the 50-day SMA line and the critical 1,620-point resistance, confirming the bearish technical setup. With the 50-day SMA line trending downward, further selling pressure is expected, likely driving the index towards the 1,580-point support. 
Bursa Malaysia has ticked lower in three straight sessions, slipping almost 10 points or 0.6% along the way. The Kuala Lumpur Composite Index now sits just beneath the 1,610-point plateau and it may take further damage again on Wednesday.
馬來西亞證券交易所連續三個交易日下跌，一路下跌近10點或0.6％。吉隆坡綜合指數目前位於1610點的高位之下，週三可能會再次遭受進一步損失。
RHB Investment Bank Bhd (RHB Research) has reiterated its short position on the FKLI and long position on the FCPO, citing ongoing technical setups.
興業銀行投資銀行有限公司（RhB Research）以正在進行的技術設置爲由，重申了其對FKLI的空頭頭寸和對FCPO的多頭頭寸。
The FKLI closed at 1,609 points after touching an intraday high of 1,615.50 points and a low of 1,608 points.
FKLI收於1,609點，盤中觸及1,615.50點的高點和1,608點的低點。
The index remains below the 50-day SMA line and the critical 1,620-point resistance, confirming the bearish technical setup. With the 50-day SMA line trending downward, further selling pressure is expected, likely driving the index towards the 1,580-point support.
該指數仍低於50日均線和1,620點的關鍵阻力位，證實了看跌的技術格局。隨着50日均線呈下降趨勢，預計將出現進一步的拋售壓力，這可能會推動該指數升至1,580點的支撐位。
Traders are advised to maintain short positions initiated on Oct 4 at 1,627.50 points, with a stop-loss set at 1,620 points. Key support levels are at 1,580 and 1,550 points, while resistance remains at 1,620 and 1,639 points.
建議交易者將10月4日開始的空頭頭寸維持在1,627.50點，止損設定爲1,620點。關鍵支撐位在1,580和1,550點，而阻力位仍在1,620和1,639點。
The FCPO experienced strong selling pressure, declining RM169 to close at RM4,951. After reaching an intraday high of RM5,158 and testing a low of RM4,925, the long bearish candlestick reflects cautious sentiment.
FCPO經歷了強勁的拋售壓力，RM169 下跌至收於4,951令吉。在盤中觸及5,158令吉的高點並測試4,925令吉的低點之後，多頭看跌的K線反映了謹慎的情緒。
However, the 50-day SMA line remains upward-trending, supporting the bullish technical setup. The FCPO is expected to rebound near the RM4,850 support unless it closes below RM4,750, which would invalidate the bullish outlook.
但是，50天均線仍呈上升趨勢，支撐了看漲的技術格局。除非收盤價低於4,750令吉，否則FCPO預計將在4,850令吉的支撐位附近反彈，這將使看漲前景失效。
Traders should hold long positions initiated on Nov 29 at RM5,020, with a stop-loss set at RM4,750. Immediate support levels are at RM4,850 and RM4,750, while resistance levels are pegged at RM5,200 and RM5,500.
交易者應持有11月29日開始的多頭頭寸，價格爲5,020令吉，止損設定爲4,750令吉。即時支撐位在4,850令吉和4,750令吉，而阻力位則固定在5,200令吉和5,500令吉。
Traders are encouraged to closely monitor these critical thresholds to navigate potential risks effectively.
鼓勵交易者密切關注這些關鍵閾值，以有效應對潛在風險。
