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