Saturday, June 26, 2010

Bursa Malaysia Weekly Summary

KLCI Daily Chart

Impressive window dressing! Daily chart suggests that it will go down towards 1300. I suspect that this is the end of the road for KLCI before we start the next leg down. Let's see what happens when the correction sets in.

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

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