Bursa Malaysia May Break Resistance At 1,600 Points
Bursa Malaysia May Break Resistance At 1,600 Points
Bursa Malaysia on Tuesday ended the two-day winning streak in which it had climbed almost 15 points or 1 percent.
周二，马来西亚股市结束了为期两天的上涨，涨幅接近15点或1%。
The Kuala Lumpur Composite Index now sits just beneath the 1,600-point plateau although it's likely to see renewed support on Wednesday.
吉隆坡综合指数现在略低于1600点，但预计周三将得到新的支持。
RHB Retail Research (RHB) in a note today (July 3) said the FKLI is consolidating above the 50-day SMA line despite dipping 1.50 pts yesterday to close at 1,600.50 pts.
RHB 零售研究在今天（7月3日）的一份报告中表示，尽管昨天下跌了1.5点，收于1600.50点，但 FKLI 正在向上（50日 SMA线上方）整理。
The benchmark index initially started off at 1,600.50 pts, but – after whipsawing between 1,607.50 pts and 1,597.50 pts – it closed at the opening price.
这个基准指数最初从1600.50点开始，但在1,607.50点和1,597.50点之间震荡后，以开盘价收盘。
This price action showed market sentiment was neutral, while the bulls and bears are sharing the same strength.
这种价格走势显示市场情绪中性，而多头和空头的力量相当。
However, as the FKLI is trading above the 50-day SMA line, this indicates the bulls now have the technical advantage.
然而，由于 FKLI 正在50日 SMA线上方交易，这意味着多头现在拥有技术优势。
Should the bullish momentum increase speed, the index may travel higher to test the 1,622-pt resistance.
如果多头势头加速，该指数可能会上涨到测试1,622点的阻力位。
As they expected strong selling pressure to emerge at 1,622 pts, we still hold on to the negative trading bias – unless the FKLI manages to climb above the 1,622-pt threshold.
由于他们预计会出现强烈的卖盘压力在1,622点处，我们仍然持有负面的交易偏见——除非 FKLI 管理攀升到1,622点的阈值。
Traders are recommended to hold on to the short positions initiated at the close of 19 Jun or 1,597 pts.
建议交易者持有在6月19日或1,597点的收盘价时初始的空头头寸。
To minimise the trading risks, the initial stop-loss mark is set at 1,622 pts.
为了减少交易风险，初始止损点设在1,622点。
The nearest support is still marked at 1,575 pts and followed by the 1,550-pt level.
最近的支撑位仍然标在1,575点处，其次是1,550点的水平。
On the flipside, the first resistance is pegged at 1,622 pts – 4 Jun's close – and followed by 1,637 pts, ie the high of 20 May.
另一方面，第一个阻力位定在1,622点——6月4日的收盘价——其次是1,637点，即5月20日的高位。
Malacca Securities (MSSB) said the FBM KLCI (-0.02%) ended flat as gains in the utilities and industrial heavyweights was offset by losses in telco heavyweights, the latter declined as the market could be uncertain on the progress of the 5G network in Malaysia.
马六甲证劵 (MSSB) 表示，随着电信重量级股票的下跌，FBM KLCI (-0.02%) 呈持平状态，而实用服务和工业板块重量级股票的增长被抵消。而电信板块重量级股票的下跌可能是因为市场对马来西亚 5G 网络进展可能存在不确定性。
The Construction sector (+2.96%) was the best performing sector.
The Day Ahead
The FBM KLCI ended marginally lower amid selling pressure within selected Telco heavyweights, while FBM70 and FBM Small Cap rebounded strongly.
建筑板块（+2.96%）是表现最好的板块。
未来一天的行情
随着精选电信股的卖压，FBM KLCI 略有下跌，而 FBM70 和 FBM Small Cap 强劲反弹。
Over in the US, sentiment remained positive with S&P500 and Nasdaq closed at all-time-high positions after Jerome Powell commented that the inflation is well on track towards Fed's target, and will be data dependent in deciding the interest rate directions.
在美国，投资者情绪依然向好，标普500指数和纳斯达克指数创下历史新高。这是在 Jerome Powell 表示通胀已经朝着美联储的目标发展良好，并且将根据数据来决定利率方向。
Few key events that the market will be monitoring include the (i) FOMC meeting minutes (Wed), and (ii) US non-farm payrolls data on Friday.
市场将密切关注（i）美联储会议纪要（周三），（ii）周五的美国非农就业数据等重要事件。
On the commodity market, Brent oil had a mild pullback after the breakout, ranging along USD86/bbl, while the gold price is in the sideways consolidation phase.
商品市场上，布伦特原油在突破之后略有回调，波动在86美元/桶左右，而金价在横向整理阶段。
For the CPO, it has moved out of the consolidation phase and steadied above RM4,000.
至于棕榈油，它已经摆脱了整理阶段，并稳定在4,000令吉以上。
Sectors focus: With the commodities surging, we expect the traders could shift their attention on the Energy and Plantation sector at least for the near term.
在商品领域，随着商品价格的上涨，我们预计这些商品领域的交易者将会转向能源和种植业板块，至少在近期内是这样。
Meanwhile, the rising investment of data center, AI, and cloud services to remain as the center of attention, and it should benefit the Construction, Property, Building Materials, and Renewable Energy.
同时，数据中心、人工智能和云服务不断增加的投资将继续成为关注焦点，并将使建筑、房地产、建筑材料和可再生能源获益。
Besides, given the all-time high closing of S&P500 and Nasdaq, they believed the buying support could spillover towards the Technology sector this week.
此外，考虑到标普500指数和纳斯达克指数创下历史新高，他们认为这周买盘支持可能会波及科技板块。
Bloomberg FBMKLCI Technical Outlook
The FBM KLCI index hit 1,600 but ended flat at 1,597 level.
彭博富时隆综合指数技术展望
FBM KLCI指数触及1600点，但收于1579点，基本持平。
The technical readings on the key index were positive with the MACD histogram forming a positive bar and RSI crossed above 50.
关键指数的技术读数是积极的，MACD直方图形成了一个正柱，RSI突破50。
The resistance is envisaged around 1,612-1,617 and the support is set at 1,577-1,582.
预计阻力位在1612-1617之间，支撑位设在1577-1582。