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Assume the following daily closing for Kuala Lumpur Composite Index (KLCI). Day KLCI 1 1130 2 1250 3 1315 4 1240 5 1310 6 1290

Assume the following daily closing for Kuala Lumpur Composite Index (KLCI).

Day

KLCI

1

1130

2

1250

3

1315

4

1240

5

1310

6

1290

7

1270

8

1265

9

1250

10

1240

c) Assume the index on Day 11 closes at 1290. What would be your decision based on the signal

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