KLCI uptrend is still holding. However, weekly RSI indicates that the bias is to the downside. Currently, I consider that the index is only in a normal correction mode. If the correction goes below 1260, then the normal correction will turn into a new baby bear.
Malaysia | Monthly | Weekly | Daily |
FBM KLCI | Up | Up | Neutral (-) |
Finance | Up | Up | Neutral (-) |
Construction | Up | Neutral (-) | Neutral |
Plantation | Up | Neutral (-) | Neutral |
Property | Up | Neutral (-) | Down (-) |
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