Make or Break Again?

KLCI Weekly Chart

KLCI is just under the downtrend line. Can it break to the upside or continue going down?

The summary for various sectors:

Malaysia	Longterm	Midterm	Shorterm
KLCI	Down	Down	Neutral
Finance	Down	Down	Neutral
Construction	Down	Down	Neutral
Plantation	Down	Down	Neutral (+)
Property	Down	Down	Neutral
Mesdaq	Down	Down	Neutral
2nd Board	Down	Down	Down (-)

Looks like the plantation sector has stabilize somewhat but the 2nd board sector has turned down again. Only Tenaga looks interesting for shorterm trade.

For the rest of the world, the reading is mixed:

World	Longterm	Midterm	Shorterm
S&P500	Down	Down	Neutral
DJI	Down	Down	Down
NasdaqComp	Down	Down	Neutral
Nikkei 225	Down	Down	Down (-)
Kospi	Down	Down	Down (-)
SSECI	Down	Down	Down (-)
HSI	Down	Down	Neutral
TWII	Down	Down	Down (-)
STI	Down	Down	Down (-)
SENSEX	Down	Down	Neutral
FTSE	Down	Down	Neutral
DAX	Down	Down	Neutral