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Thank you^^

In my previous post "FBMKLCI to rebound soon?, i mentioned about FBMKLCI weekly chart and Finance index weekly chart. Both showing a week of hammer and a week of bullish engulfing. And with February is a short month with many holidays while mostly companies will be releasing the Q4 Report. We also need to take a look at the global market indices, such as Shanghai Composite, Nikkei 225, Hang Seng, DAX, FTSE 100, DJIA and etc. It is like a domino effect and will eventually affect our FBMKLCI.

Finance Index Weekly Chart

With our Brent crude oil rising to 35.28 (as at 12.03pm today), our FBMKLCI was boosted up, alongside with the revised 2016 Bajet (which i think not much surprise). February is going to be a challenging month.

Lastly, i would like to wish all the Malaysians happy holiday during the long Chinese New Year holiday. Hope all the Malaysians profited and gain knowledge in the year of Monkey. And the usual quote from me, holiday is a period for us to restrategize our plans and way forwards. REWARDS comes to those who are PATIENT... and WELL-PREPARED.