Still at around the same place for 7 weeks now. I'm expecting for the big sell, but it is not coming. Looks like the market is frustrating both the bull and the bear.
|FBM KLCI||Up||Up||Up (+)||R=1.3k, S=1.2k.|
|Construction||Up||Neutral||Down||R=250, S=220. Serious correction|
|Property||Up||Neutral||Down||R=820, S=760. Correction|
Looking at the various sectors, the strongest is the plantation. I think that if KLCI is going to go up, it will have to rely on the plantation counters for the push.