Last month's June notes here.

The Bull market expected in May and June notes is still intact in July.  So, not a surprise KLCI made new highs last week.  Still in the middle of the blue triangle, with more legs to run.  So far, slow steady march, no major corrections yet.   

Daily charts reaffirms June 2024 Retracement still looks normal, healthy, slightly shallower, compared to the Oct 2023 Retracement which was deeper.  This we like to see in a bull market.

Slowly climbing the wall of worry is good to see.  If it's a fast climb that looks like a Wave 5, we will have to dispose some holdings in anticipation of future corrective waves, but here, it doesn't look like Wave 5 tail end yet.  So, we still hold on to our investments.

Disclaimer:  You are fully responsible for your investment and trading decisions.