Economic Analysis versus Chart Analysis - Agreements or Disagreeements. - KLCI Futures ,,, view

Many will perceive and view the chart proponents and economic financial analysts are 2 different poles all the time. Actually they are not and the disagreements will be when they 2 schools diverge and when they converge in agreement.

In fact more we will find when prices move to the extremes, both camps will be chanting not sustainable and "expensive" / "cheap".

These are 2 moments when price at extreme peak/bottom that it is most likely the 2 different schools will be on the same page.

The major time the differences will come in during the period of in-between 2 extremes.

Monthly chart - using the old technique .....we have the GREEN mov. avg as the ceiling, RED and BLUE as the support on the big picture.

Both Weekly and Daily only tell us the trading range. It is in a state that the upthrust is a suspect and trading with the 50-100 points range until the break out happen.

Indicators interpretation is all not so rosy and the daily ones seems to agree.

Will there be a final thrust up before the fall ??? or that is all we are going to see now>>>>

Such a price consolidation will mean EVENTUALLY it will break away either to up or down side.

Let us wait for the drama to unfold....