Again like last year between APR to MAY before the big dip, FBM KLCI is one of the best market in Asia when all Market in Asia show some slowly drop week by week, FBM KLCI move bullish and when come to Mid MAY the share big dip almost 100 point to "wash" all retain investor money before recover to new high.
This year same thing happen, like mark up during closing and move bullish when all market in red but only the different is FBM KLCI is moving in a bullish pattern compare last year is moving sideways. For me, what I know is FBM KLCI is control only by top 10 share ( Cover 68% of the index ) so buy in this share may when the big dip happen is sure to bring high profit when the index up again. In Malaysia most of the time, the share will move to new high before a big dip happen like MUHIBAH and KNM.
Last year post:
FBM KLCI Moving Up Strongly - Beware!