Chart Vs News, Which is comes first?

Hi all

Meet you all again. Whats up!!, MYR now at below RM4.00

Before I step further, please have read the post I wrote in past few week :

1.2016: When Most People Bearish, We Bullish

http://www.iamventure.blogspot.my/2016/01/2016-when-most-people-bearish-we-bullish.html

2. BIG Suprise In Early 2016

http://iamventure.blogspot.my/2016/01/big-surprise-rise-in-early-2016-for.html

3 . MYR will strengthening
 http://iamventure.blogspot.my/2016/01/malaysia-ringgit-will-strengthen-to.html

 4. WTI will stay above 30USD by end of Febuary 2016
http://iamventure.blogspot.my/2016/02/wti-crude-oil-will-stay-above-30usd-by.html

 5. My Forecast on next 2.5 months
http://iamventure.blogspot.my/2016/03/my-forecast-for-next-25-month-on.html



First of all, I would like to thanks to those read my view on KLCI market trend and MYR movement.

Since early of January most people were talking about market crash, crash and crash all over the world.

1. Take a good lesson from "Warren Buffett Word"

 

 

 

 

 

 

2. Take a look KLCI chart

 

 

 

 

 

Look at the pattern in the red circle. Most the pattern almost the same. As per today I'm expect KLCI to close at range 1712-1715 points. The midterm target is 1774 points within this 2.5 months.

 

As per what I seen, currently KLCI has completed the form of strong base to push the push index further Bullish.

 

 

3. Average Bull vs Bear for KLCI,

 

 

Look at the table below. Average index for KLCI in bear market 9.3 months.

 

From the chart, Index started to Bearish in August 2014 until the lowest in August 2015(12 months).

 

As seen from the current trend, Since Early January 2016, KLCI keep hit new high for every closing month.

 

This was predicted as I said in my previous post "2016-Year Of Recovery".

4. MYR Keep Strengthening


See the MYR pattern, Its follow the past history movement

 

5. Good News Started To Spread

http://www.stockhut.com.my/news/113150




Overall on the market trend, we can see the movement of the chart tell you the early story before the good news comes to spread. Last year we heard the bad news on Malaysian market.
So you decide where are we? I stay bullish on Malaysian Market until the end of the year...

MYR Hit RM4.0 As Aspected!!

 

 

Before I step further, please have read the post I wrote in past few week :

1. BIG Suprise In Early 2016

http://iamventure.blogspot.my/2016/01/big-surprise-rise-in-early-2016-for.html

2. MYR will strenghten
http://iamventure.blogspot.my/2016/01/malaysia-ringgit-will-strengthen-to.html

3. WTI will stay above 30USD by end of Febuary 2016
http://iamventure.blogspot.my/2016/02/wti-crude-oil-will-stay-above-30usd-by.html

4. My Forecast on next 2.5 months
http://iamventure.blogspot.my/2016/03/my-forecast-for-next-25-month-on.html

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Today shown remarkable comeback for MYR since August 2015. See the "RED Dotted Line".

It show the uptrend line has broken. This shows that, USD no longer up trending against MYR.

I see MYR will move toward RM3.80 anytime from now. It might give free fall toward near RM3.6 if sentiment are good, but the strong support now is at RM3.8. I had highlighted about MYR since early 2016.

 

SECTOR ON FOCUS:

 

1. Construction

-MRCB, UEMS, WCT, BINAPURI, AZRB, ZELAN, FRONTKN, SILKH,

2. Property
-MKLAND, ECOWORLD, MKH, GLOCOLAND

3. Plantation
-TDM, Dutaland, Rsawit, FGV, Jtiasa

**Declaimer : This is not a buy call, please conduct with your remiser or relevant person for technical checking

There are too many sector can be monitor for stock trading, but please avoid export base stocks or rubber industry.



REMEMBER MY WORD

"THE BULL OR BEAR NEVER TELL IN PUBLIC BUT IT WILL GIVE A SIGN TO THINK"



Anyone of u still remember when Soros came to Asia this year and mention in public he will short yuan?
IT WAS IN JANUARY 2016


Does anyone of u realize when MYR started to strengthening?
IT WAS IN JANUARY 2016


When you see the first time oil hit the lowest for almost 20 years?
IT WAS IN JANUARY 2016



 Lets put all together the bad news in January 2016, u will started to realize there too many bad news mention in media....

 

 

Ok, I guess it enough for now.....Keep positive in 2016. The year of recovery is just started

 

 

My Forecast For Next 2.5 Month on Malaysian Equity Market

Hi All,

Long time haven't write up blog

Who already follow me, I want to recall back few study I made recently since early January 2016

Just back from holiday trip and get some rest while market were still turbulent.

Before I step further, please have read the post I wrote in past few week :


1. BIG Suprise In Early 2016

http://iamventure.blogspot.my/2016/01/big-surprise-rise-in-early-2016-for.html

2. MYR will strenghten
http://iamventure.blogspot.my/2016/01/malaysia-ringgit-will-strengthen-to.html

3. WTI will stay above 30USD by end of Febuary 2016
http://iamventure.blogspot.my/2016/02/wti-crude-oil-will-stay-above-30usd-by.html


First of all, I wrote this article by put aside all the political agenda. In economy we deal with the real fact but not emotional fact. The year of turbulent due to Crude Oil Crisis Almost Reach The End

Current market volatility. Many people said it hard to make money. I would say YES!.

But I remain firm, our Malaysian Economy remain firm despite the weaker ringgit.



1. MYR Remain Strong




















Technically, MYR remain stron as per my study in early January 2016. It will continue strong until reach first target which at RM4.00 and RM3.8 respectively.

Oil inventory in USA also decline and the numbers of rig shutdown increasing



2. Oil Remain Bullish in Shorterm

I believe as per my study, starting march until mid of May, oil will remain above 35usd. It will climb up slow to reach 40usd and 44usd before another major correction take place.

Recent news, Saudi proposal to freeze the oil output to stabilize the given a strong signal to the world that they would more stimulus program to take place.


3. Most Country has Started Stimulus Plan

Most country including Malaysia has started their stimulus plan. This show good sign.

Japan cut their interest rate to negative rate.

4. The Bear Market Is About To End

Where are we now?

Let me remind u, the bear market history longest take around 18 months which was in 1997/1998.

In the the short period we will face sideway condition overall in equity market. After a huge correction period between 2014-2015, we will see strong recovery. The huge drop will accompany with sideway condition and to decide next moment.

5. KLCI Movement

My projection on KLCI, it will test the 1725 resistant as it become major resistant to hit, before a strong rally take place. Within this 2.5 months we will see the movement upward.


Stay Tune in my next post on the stock in my list to hold for midterm and longterm....stay tuneee