tag:blogger.com,1999:blog-7130180282086059042024-03-17T02:53:11.564+08:00** Malaysian-Shares Blogspot **Share Market and Political NewsJackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.comBlogger570125tag:blogger.com,1999:blog-713018028208605904.post-27121594711557551172016-09-15T08:49:00.003+08:002016-09-15T08:52:32.937+08:00The KLCI Near The Critical Zone (Major Support) 1,659 Points.<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEio-OcwCHhLUNlL2Dy6UDvJiCvo-pEl_XtRaYm5ffZFVWnJJ-qNpDJY5x09EnW4qdFhJ1PuBHjd4Ls2iCgWw4ZhcH8OC-LBs5YMG5rBVCLMjEr_h0j41wUnDA1e4vD49zGD6cKeIlkC/s1600/KLCI.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="340" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEio-OcwCHhLUNlL2Dy6UDvJiCvo-pEl_XtRaYm5ffZFVWnJJ-qNpDJY5x09EnW4qdFhJ1PuBHjd4Ls2iCgWw4ZhcH8OC-LBs5YMG5rBVCLMjEr_h0j41wUnDA1e4vD49zGD6cKeIlkC/s640/KLCI.jpg" width="640" /></a></div>
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<span style="font-size: large;">Based on the chart reading, the KLCI is heading to another low as at 14.09.2016. Right now we can see the index just sit on top of the 200 days moving average as we can consider it as a support. Breaking 1,659 points would means that the KLCI might be heading lower.</span></div>
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<span style="font-size: large;">Right now the Dow Jones is not really doing well after some news pouring out stated that the FEB might raise the interest as in near term.</span> </div>
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<span style="font-size: large;">Indicators like MACD Histogram now flashing RED color suggest the index is weak and the signal still in selling position. Based on the markets momentum many equities still looks very weak and some even created a new low. </span></div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com14tag:blogger.com,1999:blog-713018028208605904.post-9961505155476738912016-08-15T14:25:00.004+08:002016-08-15T14:26:31.235+08:00KLCI Might Be Heading To 1,700 Points.<div class="separator" style="clear: both; text-align: justify;">
<span style="font-size: large;">Seeing from the chart the KLCI have cross over the 1,675 points. It seems that there was no limit until the index reach 1,700 points. The MACD also cross over suggesting that the KLCI will move forward and with the MACD Histogram turning green, the index will have more potential to move higher.</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZpuMqFjgpXNICZdxzOrgk5hZsnrt4l3Cw0fF4lUOMC1XGqwK3J8V3b5qJCyH3-a63yRH0hvcIv1aQzyMp1o6v2egewfvGi1cdsMZh6yrj6eixWStf7EPUg-zKMX5siA3ixfXmctG8/s1600/KLCI+Next.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="342" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgZpuMqFjgpXNICZdxzOrgk5hZsnrt4l3Cw0fF4lUOMC1XGqwK3J8V3b5qJCyH3-a63yRH0hvcIv1aQzyMp1o6v2egewfvGi1cdsMZh6yrj6eixWStf7EPUg-zKMX5siA3ixfXmctG8/s640/KLCI+Next.jpg" width="640" /></a></div>
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<br />Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com6tag:blogger.com,1999:blog-713018028208605904.post-84514831909489523422016-08-08T10:37:00.001+08:002016-08-08T10:37:11.025+08:00Any Potential For The KLCI To Break Out At 1,675 Points ?<div class="separator" style="border-image: none; clear: both; text-align: justify;">
<span style="font-size: large;">Based from the chart reading, the KLCI now trending at a bit positive upside. It seems that the 1MDB issue didn't bring any effect to the markets. Malaysia people are use to it already. Corruption won't bring any effect to their life. </span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQJxvTs_lFLf99VnMKK_6cp7tl2Y6syr7zCYdgG5RxwVr5E6zkEWRSiFasCthJb8UFCNugY4LdBOOrs1V8AteHL5VqqzA43UKk5n2Ghzw1Fe-sLpGw1Hdo6NolsYsR-e-Rtk3j24LG/s1600/KLCI+Next.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="338" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQJxvTs_lFLf99VnMKK_6cp7tl2Y6syr7zCYdgG5RxwVr5E6zkEWRSiFasCthJb8UFCNugY4LdBOOrs1V8AteHL5VqqzA43UKk5n2Ghzw1Fe-sLpGw1Hdo6NolsYsR-e-Rtk3j24LG/s640/KLCI+Next.jpg" width="640" /></a></div>
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<span style="font-size: large;">Last Friday the MACD Histogram changed from Red to Green colour suggested that the market might have some potential to move higher provided the index must stay and cross above 1,668 points and 1,675 points.</span></div>
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<span style="font-size: large;">If the index manage to stay above 200 days moving average we will see some positive momentum but right now the MACD still at selling signal suggested we need more time to digest or consolidate. </span></div>
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<span style="font-size: large;">Don't forget about the Dow Jones index, we might be seeing another records high being create these few days. Any huge movement on the DOW will sure bring positive outcome to the KLCI.</span></div>
<br />Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com5tag:blogger.com,1999:blog-713018028208605904.post-15805023453201226392016-07-29T19:41:00.001+08:002016-07-29T19:41:50.152+08:00Next Support For The KLCI at 1,644.00 Points.<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgD138cFR4ukT8OR4c9nEDEqBVn0Mx1fozsUN1rM_lHVdTsZZKiyU2oOeA9BGNNL9W7zwnIpJOOcl2XkNkV2XETIBWYQgon35VAbFsNly8SBzKGnAn_xDLDOTUBDioA_iPoHVtLUN5A/s1600/FBM+KLCI.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="342" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgD138cFR4ukT8OR4c9nEDEqBVn0Mx1fozsUN1rM_lHVdTsZZKiyU2oOeA9BGNNL9W7zwnIpJOOcl2XkNkV2XETIBWYQgon35VAbFsNly8SBzKGnAn_xDLDOTUBDioA_iPoHVtLUN5A/s640/FBM+KLCI.jpg" width="640" /></a></div>
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<span style="font-size: large;">This week the KLCI closed on a very quiet momentum. From the indicators it appears the KLCI is heading south at these moments with the next supporting lines at 1,644.00 points (50 days moving average). Breaking this point we might be aiming the next target of 1,615.00 points.</span></div>
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<span style="font-size: large;">The MACD is crossing over indicate the KLCI is weak and the MACD Histogram</span> <span style="font-size: large;">also flashing RED colour. At these moments we will call it as a correction or consolidating after recent run up but still the index is below 100 days and 200 days moving average.</span></div>
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<span style="font-size: large;">If the KLCI want to have positive sign and come up from their bear territory, the index need to move higher and close above 1,668.00 points. With so many negative news surrounding the 1MDB issue it is wise able to trade cautiously with careful approach on certain counters which is moving into positive territory.</span></div>
<br />Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com2tag:blogger.com,1999:blog-713018028208605904.post-33198774774087147852016-06-15T00:20:00.000+08:002016-06-15T00:20:43.909+08:00KLCI Now Look Very Crucial. Maybe 1,600 Points Cannot Hold.<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhzGEL2opaoQY4XIQazcGO4J-l69CiU7D82zYwgQxv-AY6xbD0favtTCnMbdkoyBYV79OtcMRgUI9u_EmydzsHb2nrbMRnE2nFi9k1M7JK33p0GQHLnlZA_956ECWr3pHx0zYGG5x5h/s1600/KLCI+123.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="346" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhzGEL2opaoQY4XIQazcGO4J-l69CiU7D82zYwgQxv-AY6xbD0favtTCnMbdkoyBYV79OtcMRgUI9u_EmydzsHb2nrbMRnE2nFi9k1M7JK33p0GQHLnlZA_956ECWr3pHx0zYGG5x5h/s640/KLCI+123.jpg" width="640" /></a></div>
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<span style="font-size: large;">Based on the chart reading, the KLCI have perform the technical rebound. The main resistance was at 200 days moving average which is at around 1,660 points. After touching the main resistance of 200 days moving average the index started to move down. The main support now for the KLCI is around 1,610 points. Breaking this support, we might be heading lower below 1,600 points</span></div>
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<span style="font-size: large;">MACD Histogram indicators showing RED colour stating that the index is weaken with the MACD reading is getting weaker. At these moments the KLCI is trading below 20 days moving average. It is a sign of weakness. Stay out from the equities markets for a while will be a right choice at these moments.</span> </div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com6tag:blogger.com,1999:blog-713018028208605904.post-32977878227743204012016-05-30T21:53:00.001+08:002016-05-30T21:53:35.968+08:00KLCI Still Below 200 Days Moving Average. Stay At Side Line. <div style="text-align: justify;">
<span style="font-size: large;">Current KLCI still stay below 200 days moving average. As we can see from the chart, the KLCI has been moving side way for almost 2 weeks. Where was the index is heading to? The indicators are telling us that the momentum is showing strength towards up but the KLCI didn't perform at all.</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhgBlJI47KemuyX-Wf0L8eI_miFpAqcnu454uaoYLKeh90IBUfAvEhut0deq7D0ZBBO61whBrJy8uwJ55SMb7sQ1e1HISrrc1T-OEgi7vplYpALQspjIRNQL45eSwdeeMwyB4uNA9U-/s1600/KLCII.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="352" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhgBlJI47KemuyX-Wf0L8eI_miFpAqcnu454uaoYLKeh90IBUfAvEhut0deq7D0ZBBO61whBrJy8uwJ55SMb7sQ1e1HISrrc1T-OEgi7vplYpALQspjIRNQL45eSwdeeMwyB4uNA9U-/s640/KLCII.jpg" width="640" /></a></div>
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<span style="font-size: large;">The world equities market especially the world market indexes are moving upwards. Their momentum also showing positive sign with the Dow Jones, Hang Seng and STI also moving up little by little. </span></div>
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<span style="font-size: large;">From here we can see that the KLCI is making a technical rebound but anything can happen in the first place. Stay at the side line before making any decision. As long as the index still trade below 200 days moving average it is advisable to monitor it. </span></div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com1tag:blogger.com,1999:blog-713018028208605904.post-75433092525754491282016-03-15T07:00:00.000+08:002016-03-15T07:00:07.860+08:00KLCI Must Stay Above The 200 Days Moving Average. <div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiXc88p76wp4fNCPMYNEhoL7nTFYvenwhA_fgEz3V1_Or7iRfPhcnTa4TAfqOmeuWPdfv8f58D2V0oIx2Jb6XQoWaNlq8vDhgrikOJnHfnaA7kIYm_hmuVKqNbWyCBzd5iwS2pGCR4f/s1600/KKLC.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="350" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiXc88p76wp4fNCPMYNEhoL7nTFYvenwhA_fgEz3V1_Or7iRfPhcnTa4TAfqOmeuWPdfv8f58D2V0oIx2Jb6XQoWaNlq8vDhgrikOJnHfnaA7kIYm_hmuVKqNbWyCBzd5iwS2pGCR4f/s640/KKLC.jpg" width="640" /></a></div>
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<span style="font-size: large;">Based on the Monday closing, the KLCI still stay above the 200 days moving average and still waiting for the 20 days moving average to catch up. </span></div>
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<span style="font-size: large;">At these moments where the KLCI will be heading to ? As long as the KLCI managed to stay above the 200 days (1,670 points) we will still have some chances that the KLCI might be moving higher in near terms but we need more time to analysis the whole trend as well as the world equities market. </span></div>
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<span style="font-size: large;">What do you think??? Do you all think that these markets will move higher??? At the moment the KLCI equities are not moving much. They seems to be laggard and moving side way.</span></div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com2tag:blogger.com,1999:blog-713018028208605904.post-19155153292685695332016-03-07T23:53:00.003+08:002016-03-07T23:55:45.721+08:00KLCI Need To Stay Above 200 Days Moving Average.<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtjgqxtMzEh3h1XP6NKSmD7Ok4dPU4YQRlcOm6vD2mtW0oTcGfPj4ZzukaTtSe1gnLyPptfm_xFG02ml_EphqY_z9RME-IG07DN4mOrT9Kn86R9KNT_RDO0gZLKuQRH0oRLw-ihJ-5/s1600/KLCIi.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="338" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjtjgqxtMzEh3h1XP6NKSmD7Ok4dPU4YQRlcOm6vD2mtW0oTcGfPj4ZzukaTtSe1gnLyPptfm_xFG02ml_EphqY_z9RME-IG07DN4mOrT9Kn86R9KNT_RDO0gZLKuQRH0oRLw-ihJ-5/s640/KLCIi.jpg" width="640" /></a></div>
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<span style="font-size: large;">Sometimes when we try to predict where the market is heading to based on the charting but out of sudden the world equities market take a turn and move upwards. At these moments the momentum looks so good with the blue chips counters mostly went up already.</span></div>
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<span style="font-size: large;">As we can see from the chart, the KLCI has surpass the 200 days moving average with an average volume increased. As long as the KLCI manage to stay above the 200 days moving average</span> <span style="font-size: large;">there is still a chance for the KLCI to move higher but it is still too early to tell but if the KLCI close below the 200 days moving average, it would have a negative impact.</span></div>
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<span style="font-size: large;">Well we still need more times and trading days to determine where the KLCI might be heading to but I'm still not really positive about out political situation in Malaysia with so many foreigner investors still stay away from Malaysia equities market.</span> </div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com1tag:blogger.com,1999:blog-713018028208605904.post-53747201576001639412016-02-29T15:21:00.000+08:002016-02-29T15:21:05.049+08:00KLCI Might Be Heading South In March???<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijA2hbToNEpvUVKxyLoEEgFgnBbK1C_mMkmPag4Q8S-nwdEGuJU8hVanmjMgyVgjNHf1T36m91z03TXdK6-ut1u0wYy2AgC0u__mnml58sgS_0RVgbaZFlfDLZcaNViupGnnF3RHNy/s1600/KLCI.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="338" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEijA2hbToNEpvUVKxyLoEEgFgnBbK1C_mMkmPag4Q8S-nwdEGuJU8hVanmjMgyVgjNHf1T36m91z03TXdK6-ut1u0wYy2AgC0u__mnml58sgS_0RVgbaZFlfDLZcaNViupGnnF3RHNy/s640/KLCI.jpg" width="640" /></a></div>
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<span style="font-size: large;">Judging from the chart scenario, it seems the KLCI might heading towards south due to some political situation (2.6 Billion donation) with the suspension of UMNO deputy president and the weakness in the world equities markets. </span></div>
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<span style="font-size: large;">Last week the KLCI cannot even move much after reaching their 200 days moving average. If we examine most of the equities listed, they are not moving much after they stage a technical rebound for the past few weeks and at these moments they show more bearishness rather than bullish move. </span></div>
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<span style="font-size: large;">Right now the MACD Histogram is showing sign of RED color, indicate that the market is weak. Hence a careful approach is needed because I'm expecting the KLCI might be moving side way and move further towards 1,600 points. </span></div>
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Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com2tag:blogger.com,1999:blog-713018028208605904.post-79631730795540012122016-01-02T07:00:00.000+08:002016-01-02T07:00:16.288+08:00Dow Jones Not Showing Sign Of Continuing Up Trend.<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFuokboBP7aIXZ5kUjHfMqMxmVi0bFX5dKjhKgKfcjUWQ7y8sgnHSIgpdMpfWVzrLJQ1J0gk27tq_99w0HHpY8oR2pG0jq4n5ObDN3Ey5cPQ7k3mhgYoOvk76LEmM4S-ZIPwgD4SUp/s1600/Dow+11.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="322" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiFuokboBP7aIXZ5kUjHfMqMxmVi0bFX5dKjhKgKfcjUWQ7y8sgnHSIgpdMpfWVzrLJQ1J0gk27tq_99w0HHpY8oR2pG0jq4n5ObDN3Ey5cPQ7k3mhgYoOvk76LEmM4S-ZIPwgD4SUp/s640/Dow+11.jpg" width="640" /></a></div>
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<span style="font-size: large;">Based on the chart reading the Dow Jones still didn't show any sign of continuing up trend. If we take a look at the chart, each of the high (3 previous high) created for the past two months have not been penetrated. </span></div>
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<span style="font-size: large;">If the last high wasn't taken out, we have to be careful in this new beginning of new year trade. It has been a volatile trading for the past one month with up and down. MACD Histogram just started to flash RED suggesting some weaknesses ahead but it is still early to tell.</span> </div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9LaQbhTzTl9OpmwzwkgZRJ-4tgSuEKMgdl_NlI4eQsmhbA53LVhSP6cu2PPgR4R0ogxivPPMjU0BHFlhPtLRZOqr-PesBXpC7JVuomOg0tVh1a_DQusiYyNm8DBaTt2wyRTZEZKHh/s1600/FBMKLCI.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9LaQbhTzTl9OpmwzwkgZRJ-4tgSuEKMgdl_NlI4eQsmhbA53LVhSP6cu2PPgR4R0ogxivPPMjU0BHFlhPtLRZOqr-PesBXpC7JVuomOg0tVh1a_DQusiYyNm8DBaTt2wyRTZEZKHh/s640/FBMKLCI.jpg" width="640" /></a></div>
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<span style="font-size: large;">For the KLCI, the indicators reading still look positive. At these moments a correction might set in after some huge surge over the past one week. The resistance of 1,697 need to be taken out before another resistance of 1,727 set in.</span></div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com2tag:blogger.com,1999:blog-713018028208605904.post-51097766211381738762015-12-14T10:05:00.001+08:002015-12-14T10:09:16.897+08:00KLCI To Continuing It's Downtrend.<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjgyTKBqpHnBqdDobbZnvTWlZspaYLlRE8-wINiDeLk7yBh8lpfEwE0O2sgdm-ff_xzIEza5HhaC6s96tz_ifzfu0tv6B5M9QxBdFWYi7fpCNIKCAc-Ei2Yy_sR4VP7GPM7NW8FQXQ4/s1600/KLCi+nnn.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="314" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjgyTKBqpHnBqdDobbZnvTWlZspaYLlRE8-wINiDeLk7yBh8lpfEwE0O2sgdm-ff_xzIEza5HhaC6s96tz_ifzfu0tv6B5M9QxBdFWYi7fpCNIKCAc-Ei2Yy_sR4VP7GPM7NW8FQXQ4/s640/KLCi+nnn.jpg" width="640" /></a></div>
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<span style="font-size: large;">As for last Friday closing, the KLCI creating a Lower Low based on chart reading. If we take a look on the chart there are 3 Lower Highs and 3 Lower Lows in the making. </span></div>
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<span style="font-size: large;">It shows that the market will continue its downtrend. It is quite important to look on this Wednesday night whether the Federal Reserve will make an announcement on interest rate hike. </span></div>
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<span style="font-size: large;">Most people are saying that it is likely the Federal Reserve will raise it. We will wait and see what will happen to the Dow Jones.</span> </div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com5tag:blogger.com,1999:blog-713018028208605904.post-15985147499106089002015-11-17T19:29:00.000+08:002015-11-17T19:37:09.235+08:00There Is A Chances That The KLCI Might Be Moving Forward?<br />
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<span style="font-size: large;">After declining about 38 percent from the high created on 19.10.2015 (1,727.71 point) to a low on 16.11.2015 (1,644.29 point) based on Fibonacci Retracement reading, we might see a rebound after the KLCI manage to show more strength. Indeed the first hurdle that the KLCI must cross is the resistance at 1,697.00 point.</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhMA2YksWZ8sgdjyqne4z497bF7BgNDEmXOeEsRXGUUfqSdfAhS_2HaD2vnqB55H3Bqjpax7Yaynvf3OH3f4bgCJq_CcfLX5am1SpTlUGJU66YIFlWKO_Ut5g6yTYZjXZCxFNJp-0-Q/s1600/KLCI01.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="314" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhMA2YksWZ8sgdjyqne4z497bF7BgNDEmXOeEsRXGUUfqSdfAhS_2HaD2vnqB55H3Bqjpax7Yaynvf3OH3f4bgCJq_CcfLX5am1SpTlUGJU66YIFlWKO_Ut5g6yTYZjXZCxFNJp-0-Q/s640/KLCI01.jpg" width="640" /></a></div>
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<span style="font-size: large;">If this resistance can be taken out we might see a continuing of up trend but if the index fall below 1,644.00 point there might be heading to 1,617.00 points. </span></div>
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<span style="font-size: large;">No doubt the MACD still in selling signal but today MACD Histogram start to flash Green colour suggesting that the KLCI is gaining strength but the weekly Histogram still in Red colour.</span></div>
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<span style="font-size: large;">From observation in the futures trade we can see that these two days whenever the futures FBMKLCI open at low in the morning session it will close higher in the evening trade however the trend still need to depends on how the Dow Jones Industrial Average is doing.</span></div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com4tag:blogger.com,1999:blog-713018028208605904.post-12929314166846503002015-11-14T13:16:00.000+08:002015-11-14T14:10:15.080+08:00KLCI Might Be Facing More Selling Pressure Next Week<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyaTo4pQ0MoUyEFUzSHzHIsSATmgf9Kkq8-C2xiPNzZc69u2fDTW3h-3pIKw-lCV6-fDGxjVgJiCdXxb2t3HQMf1dPxJNxU_tiI6QFOF2dHWQZ1lmUDhUY9uJIsnZibsQVMLjCxt89/s1600/Dow+Jones.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="318" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjyaTo4pQ0MoUyEFUzSHzHIsSATmgf9Kkq8-C2xiPNzZc69u2fDTW3h-3pIKw-lCV6-fDGxjVgJiCdXxb2t3HQMf1dPxJNxU_tiI6QFOF2dHWQZ1lmUDhUY9uJIsnZibsQVMLjCxt89/s640/Dow+Jones.jpg" width="640" /></a></div>
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<span style="font-size: large;">As we can see yesterday the Dow Jones Industrial Average was down another -203 points with the MACD Histogram Still flashing RED colour. Indeed we can see the Dow Jones is getting weaker.</span></div>
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<span style="font-size: large;">With Dow Jones weaken, the KLCI also get affected. If we look at the KLCI chart the indicators not really promising with sign of more selling pressure going to happen next week.</span></div>
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<span style="font-size: large;">For weekly indicators the MACD Histogram also start to flash RED colour indicated that we might having a very bad week ahead. Just be careful. Our Ringgit also weaken and it is not good for the Malaysian share market as well as the oil prices also plunged heavily.</span> </div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com1tag:blogger.com,1999:blog-713018028208605904.post-56632539070725909942015-11-09T15:52:00.004+08:002015-11-09T15:52:38.470+08:00Dow Jones Industrial Average Is Getting Weaker. Becareful !!!<div style="text-align: justify;">
<span style="font-size: large;">There is a possibility that the Dow Jones Industrial Average is going to go down in the near terms. If the rumours that the Federal Reserve is going to raise the interest rate in December than we might see that the Dow Jones might be moving down.</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjCk89Soqeg-3r2AlWhIvC0ZkVJ6a1JTyJKhF8eKrdxnKmSA77G6twOVEQkVUd3dqz3YgP0yVvuWDNjfPS_XqgRyyrF1py9KnYH5RxZaD_4isdiURUKDewfUPU1DgEYs4fN2_80c9yA/s1600/Dow+Jones.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="312" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjCk89Soqeg-3r2AlWhIvC0ZkVJ6a1JTyJKhF8eKrdxnKmSA77G6twOVEQkVUd3dqz3YgP0yVvuWDNjfPS_XqgRyyrF1py9KnYH5RxZaD_4isdiURUKDewfUPU1DgEYs4fN2_80c9yA/s640/Dow+Jones.jpg" width="640" /></a></div>
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<span style="font-size: large;">There is a divergence reading where by the MACD Histogram is getting weaker and the DOW index is getting higher. If we analyse the MACD Histogram indicators, they are still flashing RED indicates that the DOW is getting weaker. If the MACD cross over happened, there might be some selling activities.</span></div>
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<span style="font-size: large;">If the Dow Jones is going down, we might have another U-Turn movement for the KLCI. It is quite tricky at these moments but based on our current currency, it is getting BAD to WORST. Today the ringgit trade at RM 4.35 for 1 USD.</span></div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com0tag:blogger.com,1999:blog-713018028208605904.post-38202682550318185142015-10-16T13:36:00.001+08:002015-10-16T13:36:46.911+08:00FBMKLCI Must Overtake 1,740 Point To Be In Positive Side.<div style="text-align: justify;">
<span style="font-size: large;">After some two weeks of trading, our Malaysia share market finally went up. As I have mention the downside was limited and we can see that the world equities markets also moving up as well.</span> </div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgkVuUxgBY-yDXNih7bMfHkaz4VL5PkNanM8as3o6BxU6rz_2-cyQSj-ED5gS0txWYJbbHrsYjgP_NSJOFnxTTpI5bNI0xACiKbM7ktYs28oVf-CA27cOSSa2eu9QGNB-vt34taS0c1/s1600/Malaysian+Shares.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="312" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgkVuUxgBY-yDXNih7bMfHkaz4VL5PkNanM8as3o6BxU6rz_2-cyQSj-ED5gS0txWYJbbHrsYjgP_NSJOFnxTTpI5bNI0xACiKbM7ktYs28oVf-CA27cOSSa2eu9QGNB-vt34taS0c1/s640/Malaysian+Shares.jpg" width="640" /></a></div>
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<span style="font-size: large;">Based on the chart reading, there is a huge hurdle for the FBMKLCI to overtake that major hurdle of 1,736 points (+, -) with the 200 days moving average (1,740) will stand as a major obstacle.</span></div>
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<span style="font-size: large;">Currently the MACD Histogram flashing some red indicators suggestion that the index is starting to weaken. There is a possibilities we might have a small correction ahead. </span></div>
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<span style="font-size: large;">Will there be another major sell down ahead? Probably maybe towards the year end. At these moments the momentum still looks positive with no bad news surrounding the equities market. </span></div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com0tag:blogger.com,1999:blog-713018028208605904.post-54531964860878159482015-09-28T11:31:00.002+08:002015-09-28T11:33:27.984+08:00Sydney Morning Herald Wrote That Najib "Risks Becoming An International Pariah"<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgyFB1kwsH1N_tUsrLNFJ7RXe-VvFcqAqZ0K1aTwGnDd7G2Ec-m3-0Mh5owdfZZlKh5EbLodMapBDFfQBg8CgvUKCaRQcEWlNHDlyOEIdx-yinXFggMajW7R1IUl2k3-X3UKlJYluGo/s1600/KLCii.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="312" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgyFB1kwsH1N_tUsrLNFJ7RXe-VvFcqAqZ0K1aTwGnDd7G2Ec-m3-0Mh5owdfZZlKh5EbLodMapBDFfQBg8CgvUKCaRQcEWlNHDlyOEIdx-yinXFggMajW7R1IUl2k3-X3UKlJYluGo/s640/KLCii.jpg" width="640" /></a></div>
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<span style="font-size: large;">Based on the chart, it is still unclear where our KLCI is heading to? If we based on the chart it might be moving up and down with limited downside. No doubt the MACD Histogram shows some red, still it is not strong enough to determine that the KLCI might be going down further.</span></div>
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<span style="font-size: large;">With the Ringgit still keep on falling to a new low, the KLCI might be facing very big hurdle to overcome any selling pressure. Next support will be at 1,567 point. If the index break that point, we might see some fresh selling towards 1,500 points.</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgvq_PCSp5eOtJHiG_WOIIVZ9QHbEz8Mq4ZCRFpgqoOVqTWIs99dtD58t_iOnfJ8-TVQ51MCkgYu3bjburmoRObHxGU_hZNv91hpGghvZ1iR5iLVoik7SY5lFdxWnxWP6YrMA-GAzim/s1600/asd.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="422" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgvq_PCSp5eOtJHiG_WOIIVZ9QHbEz8Mq4ZCRFpgqoOVqTWIs99dtD58t_iOnfJ8-TVQ51MCkgYu3bjburmoRObHxGU_hZNv91hpGghvZ1iR5iLVoik7SY5lFdxWnxWP6YrMA-GAzim/s640/asd.jpg" width="640" /></a></div>
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<span style="font-size: large;">Lately we can see there are so many countries started to write up more articles about Malaysia's politics and Najib Razak. This morning Sydney Morning Herald wrote that Najib "risks becoming an international pariah" because of the scandals involving the RM2.6 billion in his personal bank accounts and the debt-ridden 1Malaysia Development Bhd (1MDB) surrounding him.</span></div>
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<span style="color: #cc0000; font-size: x-large;">SHAME ON OUR COUNTRY</span><br />
<span style="color: #cc0000;"></span><br />
<span style="color: #cc0000;"><a href="http://www.msn.com/en-my/news/national/najib%e2%80%99s-scandals-can-affect-ties-with-australia-report-says/ar-AAePYeb?li=AAaD62f">http://www.msn.com/en-my/news/national/najib%e2%80%99s-scandals-can-affect-ties-with-australia-report-says/ar-AAePYeb?li=AAaD62f</a></span><br />
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Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com1tag:blogger.com,1999:blog-713018028208605904.post-37365926216519368192015-09-11T21:47:00.000+08:002015-09-11T21:59:49.537+08:00HOW SIRUL BLACKMAILED NAJIB! - World Media Spotlight Now Moves To The Altantuya Case <div style="text-align: justify;">
<span style="font-size: large;">Shocking new evidence has emerged over Malaysia’s most notorious murder case, with the airing of an explosive documentary about the death of Mongolian model Altantuya Shaariibuu at the hands of the Prime Minister’s bodyguards on the world news channel Al Jazeera’s 101 East programme today.</span></div>
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<span style="font-size: large;">The gripping and closely documented report by the veteran Australian reporter Mary Ann Jolly contains allegations that the man who shot Altantuya was none other than her ex-lover Razak Baginda, a close aid of Najib Razak, who earlier this year alluded to “rogue cops” being engaged in a motiveless murder.</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9tXWVyasXiK7YqfhxuLpFK840G9j5ExLDZUxwveDKHmvmTt3w-UvE5RPCgmN3eJwiyI-MB-xCvsdBdZPcfI6RwFG4VI2uWI3DT6i88O1zWa7qRRYnUTpXTXZMPgDvo70nBWMTI4Nk2k4/s1600/Sirul.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="420" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh9tXWVyasXiK7YqfhxuLpFK840G9j5ExLDZUxwveDKHmvmTt3w-UvE5RPCgmN3eJwiyI-MB-xCvsdBdZPcfI6RwFG4VI2uWI3DT6i88O1zWa7qRRYnUTpXTXZMPgDvo70nBWMTI4Nk2k4/s640/Sirul.jpg" width="640" /></a></div>
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<span style="font-size: large;">Even more astonishing are text messages retrieved by Al Jazeera from the mobile phone of Sirul Azhar Umar, the man convicted of the killing, which show the convicted bodyguard was blackmailing Prime Minister Najib Razak for millions of dollars to stay in Australia and “say nothing” about the case just before he was re-arrested.</span></div>
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<span style="font-size: large;">This way, said Sirul, <span style="color: #cc0000;">“I won’t bring down the PM”!</span></span></div>
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<span style="font-size: large;">Tellingly, the response from Najib’s intermediary Abdul Salam bin Ahmed was that Sirul’s demand for a total of AUS$17 million was “being discussed”. Salem has regularly visited Sirul, who is being held at the Villawood detention centre in Sydney and is believed to be involved in funding his legal team in Australia.</span></div>
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<span style="font-size: large;"><img alt=""I want 15 million and I won't return to Malaysia ever. I won't bring down the PM"" class="size-large wp-image-27564" data-file-id="8541" src="http://i0.sarawakreport.org/c/c/9/c/8/cc9c8bb1b5b674c789d7ba51fd3c7806e58ae45f.jpg" height="412" width="750" /></span><br />
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<span style="font-size: large;">“I want 15 million and I won’t return to Malaysia ever. I won’t bring down the PM”</span></div>
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<strong><span style="font-size: large;">Baginda “pulled the trigger”!</span></strong></h3>
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<span style="font-size: large;">According to the programme Sirul confided to an Australian relative that the person who had shot Altantuya was none other than the former boyfriend, whom she had been trying to blackmail, Razak Baginda.<br /> </span></div>
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<span style="font-size: large;">The relative who was interviewed, but did not want to be identified told Mary Ann Jolly:</span></div>
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<span style="color: #cc0000; font-size: large;">“I said, did you pull the trigger? He said, no I didn’t pull the trigger, Razak pulled the trigger”</span></div>
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<span style="font-size: large;"></span><br />
<span style="font-size: large;"><img alt="Salam's response was "they want to discuss"" class="size-large wp-image-27565" data-file-id="8542" src="http://i0.sarawakreport.org/0/8/f/a/b/08fab0b237195c219f09bf826b1898a59f862de1.jpg" height="380" width="750" /></span><br />
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<span style="font-size: large;">Salam’s response was “they want to discuss”</span></div>
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<span style="font-size: large;">Baginda, who was Najib’s personal negotiator for the Scorpene Submarine deal with France was never put on trial or questioned as a witness for the murder, despite being on record as having contacted Najib’s bodyguards to help him deal with the harassment from his former lover.</span></div>
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<span style="font-size: large;"><img alt="Baginda blamed "rogue cops" but Sirul says it was he who pulled the trigger" class="size-medium wp-image-27568" data-file-id="8545" src="http://i2.sarawakreport.org/e/0/8/a/e/e08aeeff1f01d273956b8ccfd2f88348807196e3.jpg" height="206" width="400" /></span></div>
<div class="wp-caption-text" style="text-align: left;">
<span style="font-size: large;">Baginda blamed “rogue cops” but Sirul says it was he who pulled the trigger</span></div>
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<span style="font-size: large;">According to Sirul, his relative said, there were three at the murder scene. Baginda had shot Altantuya, but the two bodyguards had been tasked to then destroy the corpse with explosives.</span></div>
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<span style="font-size: large;"> </span></div>
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<span style="font-size: large;">In January Baginda had told a </span><a href="http://www.malaysiakini.com/news/287765"><span style="color: #422eba; font-size: large;">press conference</span></a><span style="font-size: large;"> that the case was an example of “rogue cops” and denied there was any further need to establish motive for the killing of his ex-girlfriend who was blackmailing him with her knowledge about kickbacks on a major defence deal.</span><br />
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<div style="text-align: justify;">
<span style="font-size: large;">“He [Sirul] told me he went back and he blew the body to pieces. I said “you had a choice of walking away from the situation and leaving it alone” – and he said “I would have been dead” because of what he knew” [said Sirul’s relative]</span></div>
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<span style="font-size: large;">There will now be international pressure to re-open the case where a key witness is now incarcerated in an independent third party state with a strong legal system.</span></div>
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<span style="font-size: large;">The conduct of the original trial, which was heavily criticised by judges in Malaysia’s own Court of Appeal last year, will inevitably be found wanting, threatening another embarassment for Malaysia related to another Najib cover-up.</span><br />
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<strong><span style="font-size: large;"><u>Najib had been Altantuya’s lover also</u></span></strong></h3>
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<span style="font-size: large;">The programme also confirms that there was testimony by the key witness Bala that it was Najib Razak who had originally been the lover of Altantuya and that he had passed her on to Baginda during the course of the Scorpene deal, which has been the centre of a court investigation in France over hundreds of millions of ringgit paid in kickbacks to companies controlled by Baginda.</span></div>
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<span style="font-size: large;">Baginda was managing the deal to build three submarines with French contractors as a ‘personal envoy’ for Najib while he was Defence Minister (in the same way that Jho Low later acted as Najib’s proxy in the board room of 1MDB).</span></div>
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<span style="font-size: large;"><img alt="Programme says Najib had introduced Altantuya to Baginda at a diamond exhibition in Singapore....where Rosmah was presumably shopping" class="size-large wp-image-27563" data-file-id="8540" src="http://i3.sarawakreport.org/3/d/f/d/5/3dfd54637fbacf5f8862885710c3b2f334a692f8.jpg" height="380" width="750" /></span><br />
<div class="wp-caption-text">
<span style="font-size: large;">Programme says Najib had introduced Altantuya to Baginda at a diamond exhibition in Singapore….where Rosmah was presumably shopping</span></div>
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<span style="font-size: large;">Najib has denied knowing Altantuya, but the film details contradictory evidence and analyses the entire cover up of the shocking murder case through a heavily manipulated trial, which refused to permit examination of why Najib’s bodyguards abducted Altantuya outside Baginda’s house and who ordered them to kill a woman they did not know.</span></div>
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<span style="font-size: large;"> </span></div>
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<span style="font-size: large;">There is a rare interview with the widow of the key witness PI Bala, who details how her husband was threatened and bribed to change his initial statutory declaration about the crime by none other than Najib’s own brother. The couple were bundled into hiding abroad.</span></div>
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<div class="wp-caption aligncenter" id="attachment_27566" style="width: 750px;">
<span style="font-size: large;"><img alt="Najib told reporters that Bala's evidence was untrue, at the same time the witness was being threatened to change his story and leave the country" class="size-large wp-image-27566" data-file-id="8543" src="http://i0.sarawakreport.org/8/7/7/f/2/877f228c83deedde8ea700dc3718bfbdd96228d8.jpg" height="394" width="750" /></span><br />
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<span style="font-size: large;">Najib told reporters that Bala’s evidence was untrue, at the same time the witness was being threatened to change his story and leave the country</span></div>
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<span style="font-size: large;"> </span></div>
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<span style="font-size: large;">The dramatised documentary, which contains chilling scenes, also features the father of Altantuya, who is now launching a civil case over the death of his daughter. He describes how he is fearful himself to return to KL.</span></div>
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<span style="font-size: large;"> </span></div>
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<span style="font-size: large;">The long belated televising of such a blatant cover up of murder orchestrated around a senior political figure threatens to globalise a case that for years has been kept firmly under wraps by the powers that be in Malaysia.</span></div>
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<span style="font-size: large;"> </span></div>
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<div class="wp-caption alignleft" id="attachment_27567" style="width: 400px;">
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<span style="font-size: large;"><img alt="What motive? The two bodyguards who took all the blame" class="size-medium wp-image-27567" data-file-id="8544" src="http://i3.sarawakreport.org/b/e/c/2/4/bec24dc97657f4cf011642b2801732050a63b150.jpg" height="231" width="400" /></span></div>
<div class="wp-caption-text">
<span style="font-size: large;">What motive? Najib’s two elite bodyguards who took all the blame</span></div>
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<span style="font-size: large;">Reporter Mary-Ann Jolly is filmed being thrown out of the country when she arrived at Kuala Lumpur airport in an attempt to interview the Prime Minister about the extensive evidence collected by the programme.</span></div>
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<span style="font-size: large;"> </span></div>
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<span style="font-size: large;">You can watch the half hour documentary that has brought yet another skeleton crashing out of the Prime Minister’s closet – this time it is the fragmented body of Altantuya Shaariibuu.</span></div>
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<span style="font-size: large;">Grand theft is one thing for a politician to find himself uncomfortably more than close to, murder is quite another.</span></div>
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<span style="font-size: large;">To see the film click below – </span><a href="http://www.aljazeera.com/programmes/101east/2015/09/murder-malaysia-150908131221012.html"><span style="color: #422eba; font-size: large;">http://www.aljazeera.com/programmes/101east/2015/09/murder-malaysia-150908131221012.html</span></a></div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com1tag:blogger.com,1999:blog-713018028208605904.post-86790028581411509212015-09-08T23:50:00.002+08:002015-09-08T23:50:25.659+08:00KLCI Might Be Moving Up And Dowm With Limited Downside.<br />
<div style="text-align: justify;">
<span style="font-size: large;">What is the next course for the KLCI? Lately we can see the KLCI is moving up and down in a very tight range around 1,570 to 1,600 points. I don't think we can expect huge drastic movement as the KLCI has found its momentum.</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiPZIAI9yrHmIPXYQssEP4Htb5NaBmkGo0f1H3z9yCE1z-cOyAblhgv7noOIoimiv3AutxvXgAgGQoUoWDYNLLBmhOkBKhcoUxDvGxy5Y2KI4f6ciYyAeMy0MivYRnzyBN2bWStmry8/s1600/KLCI.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="310" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiPZIAI9yrHmIPXYQssEP4Htb5NaBmkGo0f1H3z9yCE1z-cOyAblhgv7noOIoimiv3AutxvXgAgGQoUoWDYNLLBmhOkBKhcoUxDvGxy5Y2KI4f6ciYyAeMy0MivYRnzyBN2bWStmry8/s640/KLCI.jpg" width="640" /></a></div>
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<span style="font-size: large;">No doubt the KLCI MACD histogram did flash some Red colour but it is still early to say that the index might be going down further. MACD histogram for weekly indicators still show Green colour indicate that in short terms we might not seeing any huge drastic drop. Many of them would expects the index to move down again towards 1,500 points but at these moments it seems that it will not happen.</span></div>
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<span style="font-size: large;">Usually after experiencing a huge drop from a high of 1,744.19 point (03.08.2015) to a low of 1,503.68 point (25.08.2015) - that is about <span style="color: #cc0000;">-240</span> points drop, the index will take a pause before creating another next huge movements. Basically the trend right now will be moving sideway - up and down - and it will last for few weeks.</span> </div>
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<span style="font-size: large;">Sentiments right now is still BEARISH. Just be careful. Anything can happen with the current situation. The KLCI, Hang Seng and the Dow Jones Industrial Average still trading below 200 SMA.</span> </div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com1tag:blogger.com,1999:blog-713018028208605904.post-31092763066256151492015-09-01T14:40:00.002+08:002015-09-01T14:51:54.842+08:00Bearish Indicators And Long Black Candle Appeared. Sell on Strenght.<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1Qrh10X5LcX8QjzVyTUDhRA-qz_WvcVADP9h82SCLmn9NQL9izlE2Jrf6hEuR54ZAjAamllZMyZg2EUHF-FanLW6wHZK8ix0SHZA2Jd86Hd4J9trqf54dOwp-6UrgnegAITCdmyev/s1600/Bearish.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="330" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg1Qrh10X5LcX8QjzVyTUDhRA-qz_WvcVADP9h82SCLmn9NQL9izlE2Jrf6hEuR54ZAjAamllZMyZg2EUHF-FanLW6wHZK8ix0SHZA2Jd86Hd4J9trqf54dOwp-6UrgnegAITCdmyev/s640/Bearish.jpg" width="640" /></a></div>
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<div style="text-align: justify;">
<span style="font-size: large;">It seems that "Catch A Falling Knife" did come true and the index shoot up from the low of 1,503 (25.08.2015) points to 1,660 points this morning but at these moments it appeared that it is quite bearish after a Long Black Candle appear today.</span></div>
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<span style="font-size: large;">Sell into strength. Watch carefully. After some significant retracement, there might be an opportunity to accumulate again after this correction. Just be careful. From my point of views it is just a correction in the process. </span></div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com2tag:blogger.com,1999:blog-713018028208605904.post-87103349229386093752015-08-24T11:48:00.002+08:002015-08-24T11:48:51.609+08:00Dow Jones Is Moving Into Negative Zone. KLCI - "Catch A Falling Knife"<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjFFCjQgMVHlhLss2OgY6Hr1TL41PDC85JvuWGP9kvBQd3dS-HKIkF4ua9RvxWhK2s3_cytnh13eRWQoASLnA1UhAZq2EeEE5Vexz5Zo6F8g5dR8mFo2PATR7cU4RA8EoPtjwPf1cA1/s1600/DOw+Jones.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="330" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjFFCjQgMVHlhLss2OgY6Hr1TL41PDC85JvuWGP9kvBQd3dS-HKIkF4ua9RvxWhK2s3_cytnh13eRWQoASLnA1UhAZq2EeEE5Vexz5Zo6F8g5dR8mFo2PATR7cU4RA8EoPtjwPf1cA1/s640/DOw+Jones.jpg" width="640" /></a></div>
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<span style="font-size: large;">Finally the Dow Jones Industrial Average have show its colour. For the past three trading days the Dow Jones have drop more than 1,000 points. From the high created in May, the Dow Jones have drop around 10 percent. </span></div>
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<div style="text-align: justify;">
<span style="font-size: large;">It seems that this is just a beginning of a correction or maybe a downtrend. What I really don't like is the Dow Jones index still way below the SMA 200 days. An indicator stated that whether this index is moving downwards in few month to come unless the index manage to stage a comeback and stay above the SMA 200 days.</span> </div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhRtcVhDcO5srsAoVTEnba8Ju4G2u68I3MFU18SKa3it2eO0PPkAcH7KkzCrpkDU4MgS3l_tyDV8gLnPapkwIh43ysEdTZv7Umj243XeORu4xXmIiRkrpO2rz5mExBHY03qUatxXYqT/s1600/FBMKLCI.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="332" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhRtcVhDcO5srsAoVTEnba8Ju4G2u68I3MFU18SKa3it2eO0PPkAcH7KkzCrpkDU4MgS3l_tyDV8gLnPapkwIh43ysEdTZv7Umj243XeORu4xXmIiRkrpO2rz5mExBHY03qUatxXYqT/s640/FBMKLCI.jpg" width="640" /></a></div>
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<div style="text-align: justify;">
<span style="font-size: large;">For the FBMKLCI the next target would be 1,526.26 point created on 18/02/2012. Today the index have drop another 30 points this morning (around 1,545 point). At these moments it is very hard to determine where the index is heading to. Last Friday performance, the KLCI managed to pull back from a sharp drop of 20 points in the morning and close just down -2.74 point. </span></div>
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<div style="text-align: justify;">
<span style="font-size: large;">It did show some strength as the KLCI is really oversold but the "Ringgit" is experiencing another sharp fall today. Now the ringgit is traded around RM4.24 for 1 USD. Not really a good sign for the KLCI. Anyway we must believe that there is no such thing that the index will be heading straight to the south without gaining some technical rebound.</span></div>
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<span style="font-size: large;">Now is a game of: "Catch A Falling Knife".</span> </div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com1tag:blogger.com,1999:blog-713018028208605904.post-59985032837110254002015-08-18T11:48:00.002+08:002015-08-18T12:02:34.457+08:00FBMKLCI Got Potential To Rebound?<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWpompuzcxWyCvjKlvsyYTGTovJpZRNwo0wC7irOeQK-q5rEOe-0d3xtT3KWdfxLq8DrcKO6RMLSS65qveC5YAtZr9maPpXUhUn8YEBaIi-_-mZ60eumrV2J7i5u-G8amXFy51IiuG/s1600/klci.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="328" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhWpompuzcxWyCvjKlvsyYTGTovJpZRNwo0wC7irOeQK-q5rEOe-0d3xtT3KWdfxLq8DrcKO6RMLSS65qveC5YAtZr9maPpXUhUn8YEBaIi-_-mZ60eumrV2J7i5u-G8amXFy51IiuG/s640/klci.jpg" width="640" /></a></div>
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<div style="text-align: justify;">
<span style="font-size: large;">Judging from the total points the KLCI has drop, technical rebound was just around the corner. From the last peak of 1,730 (05/08/2015) till today the KLCI has drop about 170 points. Based on yesterday closing we still didn't see any technical reversal pattern that is taking place.</span></div>
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<div style="text-align: justify;">
<span style="font-size: large;">Today closing will be very important to determine whether the FBMKLCI will have a technical reversal in the making. For the first target of rebound if do happen will be around 1,595 point.</span> </div>
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</div>
<div style="text-align: justify;">
<span style="font-size: large;">Overall market sentiments still bearish. As long as our Prime Minister still managing the country, the economy won't be good and we might have prolong issue concerning the currency.</span></div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com0tag:blogger.com,1999:blog-713018028208605904.post-65551100236334287122015-08-12T11:49:00.001+08:002015-08-12T11:49:46.028+08:00UMWOG Looks Attractive With Current Price of RM 1.05 - RM 1.10<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhle-2pDDOxRw1oeIUarhWiVHDgweLSfKFIrlN9FX8d9nHXSVF9GBV1_enH8bwkBKcxCw15LaSTCWkuYFlL46JSu4t3-D8EbqqGyRO54Nq7G7ZgEvk6XusDla76e7it3xEWHvZz-vG/s1600/UMWOG.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="584" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhle-2pDDOxRw1oeIUarhWiVHDgweLSfKFIrlN9FX8d9nHXSVF9GBV1_enH8bwkBKcxCw15LaSTCWkuYFlL46JSu4t3-D8EbqqGyRO54Nq7G7ZgEvk6XusDla76e7it3xEWHvZz-vG/s640/UMWOG.jpg" width="640" /></a></div>
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<div style="text-align: justify;">
<span style="font-size: large;">UMWOG now at it lowest. At the price of RM 1.05 - RM 1.10, it is a good price to enter for a rebound? Since the month of July the price have drop sharply from a around RM 1.70 till RM 1.05 - RM 1.10</span></div>
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<span style="font-size: large;"></span> </div>
<div style="text-align: justify;">
<span style="font-size: large;">FBMKLCI has drop more than 100 points in 5 days. There might be a rebound around the corner but "Catching a Falling Knife" is not easy and quite dangerous as well.</span></div>
<div style="text-align: justify;">
<span style="font-size: large;"></span> </div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhb44rtIv3Vv7xGlIjrcNjZrYSG7l8FnZtnN6aHJ08ilN__3rsGd3-9fbQvQB-7qhnOUB0_NWRS_k4TIFqdwK2C5rA_-Ta5cvM-yy8E4ljLJAVaRgtczrlizrwy4zIAQxFGjZqaVv7y/s1600/KLCI.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="318" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhb44rtIv3Vv7xGlIjrcNjZrYSG7l8FnZtnN6aHJ08ilN__3rsGd3-9fbQvQB-7qhnOUB0_NWRS_k4TIFqdwK2C5rA_-Ta5cvM-yy8E4ljLJAVaRgtczrlizrwy4zIAQxFGjZqaVv7y/s640/KLCI.jpg" width="640" /></a></div>
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Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com2tag:blogger.com,1999:blog-713018028208605904.post-47502841680874139992015-08-09T22:02:00.000+08:002015-08-09T22:02:00.331+08:00Beware Of The Dow Jones Industrial Average. <div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjl9kARfz4YFd43Pe3h8CcqlT9SHn_ZNkl4bhSNigx1l8Q1EFL_pYAzKA-3ZDfD6xa5hKM3fOW1HUzngTGTt6upjlXNKWZ0wjetGBRyr3MwDlu_Ib0qMu_Qbsntv7hA_pay5BWckM2G/s1600/Dow.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="318" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjl9kARfz4YFd43Pe3h8CcqlT9SHn_ZNkl4bhSNigx1l8Q1EFL_pYAzKA-3ZDfD6xa5hKM3fOW1HUzngTGTt6upjlXNKWZ0wjetGBRyr3MwDlu_Ib0qMu_Qbsntv7hA_pay5BWckM2G/s640/Dow.jpg" width="640" /></a></div>
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<span style="font-size: large;">Simple Moving Average indicators 20 days, 50 days, 100 days and 200 days are moving very close to each other. An unhealthy sign as its appear that the Dow Jones is weakening. Whether the Dow Jones is moving into a correction or the beginning of a bear market we still have to wait for more signal to define the outcome.</span><br />
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<span style="font-size: large;">On Malaysia KLCI indicators, the index will have greater chances to move lower due to uncertainties in geo political situation and the value of the ringgit at 17 years low.</span> <br />
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<span style="font-size: large;">Strong support at 1,672 point. A break below 1,672 points will eventually bring the market even lower before a rebound can appear. Basically from weekly indicators, the reading also not very promising. Just be careful.</span><br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjMiFTWymUkhxTBRD1idK4_cXrpCq04nQnYlFPSeVKxnqAu-ZxXoho8A7Saf9bjOEH0prCGx7g6lgccwFi732mohLWHf4y8Ak1y1TsO6efPLahaaX0aYxf__ko0FgNfzn1edUhV7xKO/s1600/ddd.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="316" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjMiFTWymUkhxTBRD1idK4_cXrpCq04nQnYlFPSeVKxnqAu-ZxXoho8A7Saf9bjOEH0prCGx7g6lgccwFi732mohLWHf4y8Ak1y1TsO6efPLahaaX0aYxf__ko0FgNfzn1edUhV7xKO/s640/ddd.jpg" width="640" /></a></div>
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Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com2tag:blogger.com,1999:blog-713018028208605904.post-76440364236615303122015-08-05T13:44:00.000+08:002015-08-05T13:51:10.407+08:00Dow Jones Maybe Heading For Big Correction???<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjh_FuLANS3PY7Comm5-rm4MLh74LmVNHZHmso0kLgDsRRxVcmibwbB3IQLCTHtohSseEjmWW_8b_OZDX2zDYhDbs1roT1Nxk0dhMlNcKU8Sxyfu6__mKmZLPe7_ILvLZDyHxfFLIgS/s1600/Dow.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="318" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjh_FuLANS3PY7Comm5-rm4MLh74LmVNHZHmso0kLgDsRRxVcmibwbB3IQLCTHtohSseEjmWW_8b_OZDX2zDYhDbs1roT1Nxk0dhMlNcKU8Sxyfu6__mKmZLPe7_ILvLZDyHxfFLIgS/s640/Dow.jpg" width="640" /></a></div>
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<span style="font-size: large;">Based on the chart and indicators reading, the Dow Jones Industrial Average might be heading for "Big Correction". After few months of speculation, it seems that the Federal Reserve is going to raise the interest-rate in near term. </span></div>
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<span style="font-size: large;">If we examined the chart the DJIA is creating "Lower High" and "Lower Low". This is really a bad sign and the index also stay below SMA of 20 days, 50 days, 100 days and 200 days. Well prepare for this slaughter. It might be around 10 to 12 percent correction in the process towards 16,300 points (plus minus).</span></div>
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<span style="font-size: large;">What will happen to Malaysia KLCI index? Right now it is a bit hard to know where our index is heading to due to uncertainties geo political situation surrounding the country. With the world oil prices tumbling and also the ringgit, I didn't see any good outcome in the near term.</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjaTr4I-GEtmAptSkch8Z1uGdG49wGyyl_vPCgEjZmnFEt-4B-4FpzuJHwSHxFD8LXGhuh3HNGSly-J7mjR_W73tmgm_yz_dNc2UaHmOw1POwiSDXjmXDA6k1QdtiIPoGVJZXvR_38O/s1600/KLCI.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="318" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjaTr4I-GEtmAptSkch8Z1uGdG49wGyyl_vPCgEjZmnFEt-4B-4FpzuJHwSHxFD8LXGhuh3HNGSly-J7mjR_W73tmgm_yz_dNc2UaHmOw1POwiSDXjmXDA6k1QdtiIPoGVJZXvR_38O/s640/KLCI.jpg" width="640" /></a></div>
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<span style="font-size: large;">Based on the chart if the KLCI managed to cross and stay above 1,736 point, we might have a chance that the index might try to climb towards 1,780 point (200 days SMA) but if we take a closer look, it seems the KLCI is moving side way. </span></div>
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<span style="font-size: large;">With the DJIA showing more weaknesses, we have to be careful because any sharp drop on the Dow Jones, we might see the KLCI will follow through and move towards south.</span></div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com0tag:blogger.com,1999:blog-713018028208605904.post-25496972456912275622015-07-27T07:00:00.000+08:002015-07-27T07:00:00.415+08:00FBMKLCI Show More Weaknesses Ahead. Becareful.<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTuyh8B3gwlJMKFIkmqOGXvPF-_p0W9oBVoOjxSFXYcMy2quV-Q8o2nCg8DGO46KsontuGh769REqMdGrXgltpmfvd7LtFtoUgS_aWikTv0sfPH3kRsLKgy7wvJMBYgMtJyT3bLBWF/s1600/KLCI+11.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTuyh8B3gwlJMKFIkmqOGXvPF-_p0W9oBVoOjxSFXYcMy2quV-Q8o2nCg8DGO46KsontuGh769REqMdGrXgltpmfvd7LtFtoUgS_aWikTv0sfPH3kRsLKgy7wvJMBYgMtJyT3bLBWF/s640/KLCI+11.jpg" width="640" /></a></div>
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<span style="font-size: large;">Based on my last posting I did mention that the FMBKLCI is gaining strength to move higher based on several indicators but since the whole last week trading it seems that the FBMKLCI is losing its momentum and it move a bit lower and lower with an indication it might be going down further more after turning up for almost 2 weeks.</span></div>
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<span style="font-size: large;">Right at these moments the SMA 20 days moving average will stand as temporary support at 1,719 point. No doubt the index close at 1,720.76 point last Friday but the MACD daily Histogram still flashes RED. From my point of view we need to be careful because if the index cannot stay above the SMA 20 days this coming week it will have great potential moving towards 1,786 point</span>. </div>
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<span style="font-size: large;">Local political news still poised some threat as the 1MDB issue still have long way to go. What really happen right now whether the governments are doing the right things in sorting out the issue remain unclear but I'm piss off with the government shutting down the "The Edge Daily" and "The Edge Weekly" paper from publishing for 3 months. The governments are sucks and it is really unfair and didn't show any democracy at all.</span></div>
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<span style="font-size: large;">What wrong with our Prime Minister? By shutting down the publishing, it would create more hatred toward our governments. I'm doubt the FBMKLCI will move forward if our governments are not transparent enough in solving these issues. </span></div>
Jackie Leehttp://www.blogger.com/profile/11417066096059010231noreply@blogger.com0