Market Analysis

Read our Daily and Weekly Market Analysis in

We strongly believe that continuous study is the best way to improve the knowledge of Technical Analysis; therefore, we have all our daily and weekly analysis published in Sin Chew Jit Po Business Section daily, as well as Kwong Wah Daily. 

All the published analysis are also available in both Chinese and English versions. 

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Below are some excerpts from our daily analysis:

24/11/06 - "As shown on the chart above, the 1038 – 1040 level is now the immediate support to the KLCI while the next resistance is seen at the 1080 level. Mean while, as pointed by A, the rising 14, 21, 31 EMA continue serving as the dynamic support to the KLCI and therefore, the outlook for the KLCI is still bullish bias."

06/12/06 - "In addition to the new high of the KLCI, the total market volume also made an all time high with over 2.19 million shares traded. However, this spike of volume has implied some profit taking activities or selling pressure at the 1100 resistance level, and therefore, chances for a correction is unavoidable. Nevertheless, if the volume could reduce during a technical correction, it would most likely be a healthier consolidation."

12/12/06 - "Stochastic %K fell below 70% which signaled an end to the short-term bullish. If the %D line fell below 70% level, it shall confirm the %K signal and the market movement for the short-term would turn to neutral from bullish."