U.S. markets extended their losses Wednesday afternoon as escalating sovereign debt worries in Italy and Greece put significant pressure on equities and cyclical commodities.

Base on the vol trading yesterday KLCI index is on the way to push higher but due to debt worries and Italian Prime Minister Silvio Berlusconi agreed to resign following the approval of an austerity plan temporarily stabilized financial markets.

Today Asia market likely to drop however for KLCI the support is strong due to high vol buy in but I do not know from where?