Looks like the 1520 is a tough nut to crack. After 3 times, still no success. I'm seeing conflicting signal from the weekly chart. MACD & Stochastic points downwards, EMA points upwards while RSI also indicates upwards. Maybe this indicates a top. I see excessive exuberant in a few counters based on the premium on the warrants. Examples are SPSetia and Pchem. Anyway, no downtrend signal yet.
Sector summary:
Malaysia | Monthly | Weekly | Daily |
FBM KLCI | Up | Up | Up (+) |
Finance | Up | Up | Up (+) |
Construction | Up | Up | Up |
Plantation | Up | Up | Up |
Property | Up | Up | Up (+) |
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