Looking at the KLCI, we can see that it is still trap within a rising wedge. So, don't get excited if it moves up to the upper resistance of around 945. For the sector analysis, finance, construction and plantation indicates a short term upward movement:
For the rest of the world, Obama's false hope/change may push stocks up:
If you are afraid that you have missed the Shanghai train, don't worry. I'm not. Please note that the computation of the GDP for China is different from the western countries (it doesn't make sense to me, so Google yourself for the difference). My wait and see strategy remains unchanged.