Looks like KLCI has corrected from the overbought condition. It is now on a rebound, but this should not get too far. It needs to correct down to below 1340 before it can make the next big move (up or down).
Sector wise, the strongest is the plantation:
Malaysia | Monthly | Weekly | Daily |
FBM KLCI | Up | Up | Neutral (-) |
Finance | Up | Up | Neutral (-) |
Construction | Up | Up | Neutral |
Plantation | Up | Up | Up |
Property | Up | Up | Neutral (-) |
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