Sunday, September 6, 2009

Malaysian Share Market Just Won't Die..

As we can see the share market just won't die. No matter how bad or good the world share market perform still our market just won't die. It is quite hard to determine whether our share market still have the capabilities to move forward?

If we check the market condition and turnover done right now, the volume still not really encouraging. Basically we are still looking at the performance of the Dow Jones Industrial Average. They still act as our Big Boss. Basically our market movement will still based on the world equities movement.

If we check on the chart, the DJIA still face some resistance. No doubt these few days the DJIA perform quite well but they need to cross over above their Strong Resistance line in order to confirm that their trend still continuing upwards.

Well I can't post too many article because I was in Bali, Indonesia since last Thursday and will be back on Tuesday.

5 comments:

stanley said...

hope malaysia will recover soon.

alexlee said...

Malaysian stock price is not cheap if compared with regional bourse like Hangseng or STI. Anyhow, our stock may climb higher next week just before Raya festival( Raya Rally ). Good Luck !!

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