Friday, December 11, 2009

Bursa Malaysia Weekly Summary

I must admit that none of my trade ideas are working currently. Bullish don't work, bearish also don't work. The market is not going anywhere.

Malaysia Monthly Weekly Daily Note
FBM KLCI Up Up Neutral (-) R=1.3k, S=1.2k.
Finance Up Up Neutral R=11k, S=9.5k.
Construction Up Neutral Down R=250, S=220. Serious correction
Plantation Up Up Neutral (-) R=6.4k, S=5.8k.
Property Up Neutral Down R=820, S=760. Correction

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