FBM KLCI Chart Still In Bullish Patten
After a few day deep and recover some and deep again, the FBM KLCI chart still in bullish patten. However, due to US policy maker is pushing for QE3 so US market may likely to push lower and sure will effect Malaysia share market also.
But want QE3 flow out, share market, Gold price and Food will go up.
1 comments:
Yes, it is still bullish.
But this is misleading.
Instead, you should say it is less bullish now.
It was very bullish before this, but things are less bullish now.
Dead cat's bounce.
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