FKLI/KLCI and FCPO technical analysis update

The FKLI has been trading rather quietly the last few weeks.  It is recovering somewhat nicely on the back of overseas markets.  The trend has been topsy turvy with Trend indicator acting more as an oscillator than a trend forecasting mechanism.

As of now, it is reaching the zero line which could be t the start of something or more of the same choppy range we've been having so far.  The trend is somewhat bullish, although a choppy bullish and moving up slowly

FCPO has been acting bearish as of late with both trend indicators and price action showing lower prices. Not much can be said about palm oil due to the large range.  I suppose it is trying to find support at the lower trend line.