By
The resistance is provided by the 100 percent projection level of an upward wave (c) from the Oct. 11 low of 2,153 ringgit.
This barrier could have triggered a pullback towards a falling trendline and the neckline of a small inverted head-and-shoulders. In addition, the big gap formed between Oct. 15 and Oct. 16 may be totally or partially filled.
A break above 2,251 ringgit could lead to a gain to 2,274 ringgit.