Nowaday dont follow Tehnical Analysis...Follow NEWS !! Seem like Europe and Dow Jone Slowly Recoverly... I suggest can starter to collect BLUE CHIP NOW ! AS SOON AS POSSIBLE !! Before Is Too Late !!
Looking at the deep fall... 1400 is a better support given the fact that eurozone crisis still in vague area. Looking at the big amount of the debt, any positive news/ solution will just for temporary, long term the economy is falling or at least in bad shape. Unless greece declare a baknruptcy, then the recovery period will be shorter. - just and opinion
...also to extend comment by Alex Lu, any rebound is just to shorten your position in the market.
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Kl Vin
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Posted by Kl Vin > 2011-09-16 11:56 | Report Abuse
Support at 1430... I dont think KLCI will broke below 1430 ~~