We can see after minor weakness kick in on global last week, a quick rebound took place. Might expecting more upside on global next week. However, do take note next week a lot of high impact news (such as UK Election, FEDrate ) which might hinder the bullish momentum or if better, giving indices a boost if outcome is favourable to the market. As for KLCI, retested...
KLCI still healthy, now testing resistance trendline
Construction sector havent move much this week, thus steel sector and construction counters havent move much.
Hibiscus on the move.
KLCI looking healthy, similarly on global. Expecting a good week next week for global and KLCI as long no high impact negative news hindering the bullish movement.
RTFF
KLCI still looking healthy. Poultry sector showing stronger sign of movement particularly in Layhong. Aside from that, rubber & glove sector is worthy monitoring now. Still no rebound signal from construction sector.
Apologies about the background noises.
