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2011-03-06

FBM KLCI Low Vol Push Up



















After a doji sign, the big money is testing the market by mark down the share and the market respond with no mach weak holder in the market so this doji sign mean the market may push up with low vol. This is what happen at Friday closing.

Base on the chart FBM KLCI had left the 1508 to 1520 gap so next week the index will drop to close the gap before any new direction the index may go. From now the index is still in moving sideways.

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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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