Friday, May 25, 2007

KLCI Weekly : 25-May-07

Finally our KLCI take a breather today after many days of undirectional. A bullish hammer was generated today. A rebound is likely next week. Well, this signal will not give much strong signal for rally. In other words KLCI is now in downtrend mode. I would consider a real bullish if the KLCI can taken out 136x with high volume and momentum. KLCI will possible testing 1300 support sooner or later. All the best !

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