Friday, June 28, 2013
We need to observe global market too especial United Stated which is the lead for other region market. Every policy made on U.S, war on Arab or financial crisis on Europe will greatly affected Malaysia equity.
Look from DJI weekly and daily chart can see that it move at a very nice trend daily chart channel move in the weekly chart tunnel , the cycle is about 2 mths this show what ? shown that was planned ,when they press down the DJI then so easy for them to kick down the Asian market.
Different investors have different idea of market view too some use emotion to read the market some use logical way some use TA some use Zodiacal way, for me none of above is wrong, cos some time emotion work some time logical work fine some time TA work fine , for me TA should work better just because i use TA
Happy to see CI had move above 1760 go above it auto resistance level this level is a very important level if not able to hold above market will never have chance to go higher, if it really able to stand above 3 more days will meet a TC point the blue arrow.
