Wednesday, 4 April 2018

A Brief Market Analysis

KLCI
KLCI is still in an uptrend, looks good as it's well supported by our "national team"


FBM70
FBM70 is moving lower since Jan 18, broke below 200 SMA today and is expected to trend lower


small caps
SMALLCAP is dropping since Jan 18, from 18090 to 14593 (around 20%),
many retail investors are trapped here, it is getting lower day by day, and it needs lots of patience to wait until it reverses to uptrend


GE14 & Trade War are currently controlling the emotions of  investors, dont try to catch the falling knive
strategy: cash is king now, holding around 70% cash, I will be back after GE14



from: http://www.solvingforgeny.com




Disclaimer: it isn't a buying or selling recommendation, your money, your decision