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...