iVSA Weekly Market Outlook
Market FBM KLCI Outlook, 14 Sep 2015
The KLCI market holding well above 1540-1520 support level and it did raise and close above 1600 price level. The market is base building now and we will know the results in the next (few weekly) bars after bar [b].
If market break below 1500 (the last major support), a new downtrend begin.
See you next week...
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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with china slow growth, internal politic issues...US interest rate concern..oil price moving lower...market is going south in the mid term...can say 60% likelihood...who dare to predict index can hit back 1650 level..what fudamentals?
2015-09-14 08:33