Bursa Malaysia (KLSE) Daily Info Edge Zone

World Cup Will Start Mid-June, How Far FBM KLCI Will Go?

Durian Edge
Publish date: Thu, 27 May 2010, 11:16 AM
Durian Edge
0 1,080
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World Cup will soon start next month and base on a analysis from The Edge, share market may drop low during the World Cup season. Since now FBM KLCI index already drop almost 100 point so how far the index may go?


Base on the chart, now the next support will be around 1,232 level and 2nd support is about 1,190 level. Base on current situation, I think now will be best to keep your money and enjoy the Football match in 2 weeks time. Sport betting may less volatile compare share market right now.
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