Today FBM KLCI Likely To Bounds Up A Bit

If you do chart anaylisis on DJ index and S&P 500, you will know the following day some positive news may likely to flow out due to both index is drop into over sold or hits lower line. So sometime I think news flow out is controled to make sure someone may take some profit or give time for they to position thereself for the index to drop or bounds.

Today FBM KLCI may bounds up a bit likely due to positive news flow out from US and also the chart pattern is due for a bounds up. However the bounds up may no so big.

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Investment Idea

My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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