Technical | Fundamental Analysis Discussion Stocks Listed In Bursa

Saturday, December 20, 2008

EOD DJIA Daily + Weekly + KLCI Daily + E&O

EOD DJIA Daily + Weekly + KLCI Daily + E&O Charts for your perusal.====>By Zhuge Liang





Strategy : Wait one more day

Though our optimism for the KLCI has increased following the breakout of the short term line, we would prefer to wait one more day to see how the Dow behaves before jumping on the bullish bandwagon. If the Dow breaks below its short term line tonight, all of its short term bullish signals will be in vain.

1 comment:

Ivan said...

To ZL ,

Can KLCI decoupling from DJIA movement? ( with the caution alert due DOW fail break the resistence, it mean DJIA possible go donw in the following market days) .

Any idea?

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