What a week. Almost 80 points of down and up movement for the week. Daily chart has gone back to moving up but I'm still hoping that it can built a base around 1050 so that it can propel higher. If it continues up without a base building, then it will not go far.
The summary for various sectors is generally bullish:
Malaysia | Longterm | Midterm | Shorterm |
KLCI | Up | Up | Up (+) |
Finance | Up | Up | Up (+) |
Construction | Up | Up | Neutral |
Plantation | Up | Up | Up (+) |
Property | Up | Up | Neutral |
FBM Mesdaq | Up | Up | Neutral |
FBM 2nd Board | Up | Up | Neutral |
I did not enter any trade. Still holding my previous positions.
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