KLCI at close 14.1.2011
As mentioned in my earlier posting the market is currently overbought: hence a market correction is inevitable. The KLCI closed at 1569.89 down 1.67 points or 0.11%. The immediate support is at 1550. Heavy deliveries are due next few market days. Can these deliveries be absorbed? I have my doubts. Be cautious, take profit wherever possible."TECHNICAL ANALYSIS - YOUR ROAD MAP TO PROFIT" - TAN
NOTE: To have a clearer view of the chart, point your mouse on the chart and double-click; the chart will enlarge itself.
