Malaysia FTSE Bursa KLCI Index:
11 July 2016, Monday, 12.33pm Singapore Time
Attached above is the technicals for Malaysia FTSE Bursa KLCI Index.
The sharp breakdown in 2015 caused entire Malaysia public to be very
bearish and gloomy about their economy. However, Big Hands and Smart
Monies worldwide are big longs, to the point of MAXIMUM LONGS/BUYS after
the sharp breakdown.
The green boxed region illustrates how big hands and smart monies used
reverse-technicals to do re-accumulation and bullish consolidation. The
consolidation is reaching an end. It is expected to break up.
A rising boat lifts all tides and almost all stocks are expected to
rally (except problematic boats/companies that have holes). Buying of
blue chips and quality mid caps present best yet safe opportunities now
in Malaysia. It will be a commodity-stocks led rally worldwide. Palm
oil, agricultural, mining and raw material stocks will be best
performers in Malaysia. Bull market is expected to resume in 2nd half of
2016 and in 2017 when most are expecting a bear market and stock market
crash.
DNA Technical Rating of Stock markets and Financial Markets Worldwide:
Bullish
All markets worldwide to rally. Resumption of big bull market.
All markets worldwide to rally. Resumption of big bull market.
