Wednesday, July 31, 2013
Sharing my view on FBMKLCI. Now is 11:36pm, just now Dow Jones hit new All-Time Intraday High, but still unable to sustain above it. It could be a sign that funds are using this opportunity to liquidate at higher prices as possible.
Weekly chart of KLCI shows evening star, weakness is still around. Malaysia cycle is 13 month for KLCI! But 9-10 month is for ace market or small capital! What we buy is small cap! So u use wrong index to analyse already! Cycle analysis covers in depth into the time frame. Fibonacci Time is only a normal tool. Try all my way to figure out the 13 months cycle cannot get it right look like I really poor on count cycle, mean I have to relearn .
