KLCI Weekly ChartBasically, nothing happens. It looks like someone or some organization is supporting the KLCI by pushing up certain bluechip stocks. Weekly MACD is weakening. The volume is reducing too. So, I don't think it is a good time to enter new position. However, if the uptrend line do provide support, then can consider buying. Anyhow, I think that next week should be a down week.
| Malaysia | Longterm | Midterm | Shorterm |
| KLCI | Up | Up | Neutral (-) |
| Finance | Up | Up | Up |
| Construction | Up | Up | Neutral |
| Plantation | Up | Up | Neutral (-) |
| Property | Up | Neutral (-) | Neutral |
| FBM Mesdaq | Up | Neutral (-) | Down (-) |
| FBM 2nd Board | Up | Up | Neutral |
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