Sunday, March 21, 2010

Bursa Malaysia Weekly Summary

What a packed week! I was at the ATIC 2010 during the weekend. This was my 1st investment convention that I have ever attended. I will write out about what I heard and saw in a later post (because I'm too tired to write it now).

KLCI Weekly Chart

KLCI weekly chart indicates that the penetration above 1300 could be a bear trap! RSI continues to show bearish divergence. Weekly candles indicates a reversal. No selling signal yet. So be careful!

This is the summary for this week:
Malaysia Monthly Weekly Daily
FBM KLCI Up Up Neutral (-)
Finance Up Up Neutral (-)
Construction Up Up Neutral (-)
Plantation Up Up Neutral (-)
Property Up Up Neutral

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