KLCI may have found a temporary bottom, it should rebound from here, and then make another attempt towards 1200. Negative MACD/lower Stochastic means that KLCI will not rally higher than 1300. The most important thing now is base building.
Sector summary:
Malaysia | Monthly | Weekly | Daily |
FBM KLCI | Up | Neutral | Down |
Finance | Up | Neutral | Down (-) |
Construction | Up | Neutral | Neutral |
Plantation | Up | Neutral | Down |
Property | Up | Neutral | Down (-) |
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