William Au
Dear Fairy Flies, you've been heard since June 2013: Malaysia FBMKLCI continuous sideways trading since May 2013.
William Au
Publish date: Wed, 10 Jul 2013, 04:51 PM
William Au
0 1,080
Founder of Trend Traders Network, Equity market Trader/investor, Financial Speaker. Shares his views on the financial market using trend following strategy.
Global Markets today continues to trade in a cautious manner as the US. Fed Minutes are due to release tonight. The Malaysia equity market index FBMKLCI has been trading in sideways since May 2013. While the global markets entered into a market correction in June, The FBMKLCI rather did not have a deeper correction as compared to the regional markets. Shall the Malaysia FBMKLCI go for another rally or correction, it need to first show a clear breakout from its sideways trend.
As the Bullish Trend remains intact, retail investors are losing their confidence as the market sentiments continues to be weak. Trade/invest with a plan not with a hope. Take care of your portfolio of stocks instead of worrying too much about the index and the world problems.
Happy Trading/Investing!
(Founder Trend Traders Network, Private Trader, Financial Speaker)
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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
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....
usry
Look like better ahjib ghor ask epf and other financial institution not support our index link counter.let our klse slide free flow 100 or 200 points. Than we will reach at true value. Few months already we are foul by our government and finance institution about our klse strength. It maintainaed well although other markets in a correction mode due to their support of index link counter.
2013-07-10 20:52