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