Friday, April 16, 2010

Bursa Malaysia Weekly Summary

KLCI Weekly Chart

Weekly bearish divergence has not been neutralized yet. Today's action indicates that the market may test the uptrend line which is currently at around 1310. Finance and property sector have started to weakened. Will it spread to other sectors?

Malaysia Monthly Weekly Daily
FBM KLCI Up Up Neutral (-)
Finance Up Up Neutral (-)
Construction Up Up Up
Plantation Up Up Up
Property Up Up Neutral (-)

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