KLCI Weekly ChartLooks like KLCI is going to test the uptrend line (currently at 1430). Based on weekly chart, it is not a bear market yet. If you are holding some positions in call warrants, I think that it is a good idea to consider selling those where the underlying share is at the overbought region. I have closed my position in Kencana and KLK. Hopefully the correction is gradual so that other shares can still be pushed up.
Sector summary:
| Malaysia | Monthly | Weekly | Daily |
| FBM KLCI | Up | Up | Neutral |
| Finance | Up | Up | Neutral |
| Construction | Up | Up | Up |
| Plantation | Up | Up | Neutral |
| Property | Up | Up | Neutral (-) |
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