The week closed with a bull candle. The MACDH formed the 2nd bar BELOW zero. Weekly ending at 1686. The trend is sideways testing previous support.
MA9 crossed down MA16 on 1st September 2026, but we let go of this signal because of a strange situation. The KLCI (cash market) and FKLI (futures market) have more than 30-point discount gaps. This is very risky to Short the future while the Cash market hold up high. At the end of the month, the settlement reference is on Cash market. Looking at the risk, we do not take this signal and let go of the trade.
TKM v1.2 will continue to monitor for a fresh signal.