Weekly Analysis

Ok, still no rebound for KLSE. My charts a little bit contradicting each other. That is why I don't think that the downtrend will be strong. But it looks like we are still slowly drifting down. Since everything except gold has collapse, we should look forward to the next bubble. Currently, it is still too early to tell. Maybe China play? SSECI seems to have been stabilized.

My interpretation for KLSE are:

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

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

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

Nothing much to say but to wait for the right signal.