Ha! Reversal confirmation on daily chart

TAL today very important

UK CPI misses forecasts

Soon Q @ 1.61 gone.

IF we get a bunch of bad economic data from the US tonight... expect mega push for KLCI tomorrow.

Petronas gas / Chem / Dag all lifting the index. UMW and AMMB weighing it down

Just wait for the whales to finish.

1.61 closing is much better.

Foreign selling in yesterday's session was net (300 million RM)

There's a very high possibility that foreigners are net buyers in today's session. If so...expect KLCI to continue to trend up.

US 2Y Yield indicates Risk-on is back.

Europe opens in 15 mins...let's see where they take oil

http://klse.i3investor.com/blogs/N00b/96662.jsp

Because G7 meeting is on 20 and 21 of May. They will discuss global financial stimulus to encourage growth. They will issue a statement on Saturday but the markets will be closed. So, the markets will react on Monday. May 23.

http://s32.postimg.org/4elq5gmc5/1q8du.png

KLSE will head to the moon on May 23

KLSE still extremely oversold.

No eyes can see 500k c16...slurp slurp.

This is what the market said yesterday. We shall see if it confirms it today at the closing - http://klse.i3investor.com/files/my/blog/img/bl2318_skpet.png

1.1mbd of Canadian oil offline as of today

Believe the market.

Volume on May 10 was 23 million. buying 10% is not really support.

* Buying percentage is 60%
* volume = average.
* Price is + 1.3%

What selling pressure are you talking about?

Confirmation of bullish reversal at closing price today.

Well...this stock is worthless...they should actually pay you money to hold it..... why waste time here talking about it? ;)

Maybe you should read it again....and also...yesterday's news.

^ spam

Middle BB 1.67

http://www.cbc.ca/news/canada/edmonton/growing-wildfire-forces-evacuation-of-fort-mcmurray-oilsands-camps-1.3585037

http://www.macleans.ca/news/canada/work-camps-north-of-fort-mcmurray-evacuated-due-to-wildfire/

Signs to look for today:

1- A close above 1.59 to confirm yesterday's hammer
2- A close above 1.61 (10 day EMA) to confirm the beginning of an upward movement.

If you buy c16...be very careful...last trading day is May 26.

AUD/USD on fire after meeting minutes.

Already topped up c16 to the max. There's still a bunch left in Q going for 0.005.

Canada fire back: threatening oil-sands: 'The fire is still 15-20 KM south of the major oil sands facilities at this point' Alberta Govt. official

Most of Europe was closed yesterday. They'll most likely push oil up some more today.

Brent $49

No it doesn't.

Hangman and hammer are the same.... you call it Hangman if it occurs during price advance movement (stock going up in price) and a hammer if it occurs during price decline movement (stock going down in price).... SKP daily candle is a hammer.

http://s32.postimg.org/6ksfon1cl/skpet.png

Most likely a jump after 4:50 PM

There's a very high chance we close at 1.59

Roadblock @ 1.59 half-size now

IF we close at 1.59 (Dragonfly Doji) ------> AND -------> Oil rallies further in NY session (DAX closed, London Open today) ------> THEN --------> Tomorrow BOTS will buy like crazy.

50 minutes until the moment of truth.

Will c16 end up being like Parkson-CP? ;D

We almost touched lower BB...upper BB sitting at 1.84 on the daily.

RSI and Stoch say SKP is still incredibly oversold.

A closing price of 1.59 or 1.60 is very bullish (dragonfly doji on daily)

Yeah I agree ~1585 is the next magic number. However, It really looks like we hit bottom around ~1610

Order-book RM +20 Billion. that's how.