Take a step forward and see

The graph can be interpreted in many ways, an Arabian trader once said the KLSE will make it its' just a cup and handle formation, then we look it as a head and shoulder, and plus current instability and economy obsticles, fundamentally Malaysia is more sound compared to some countries, but when there is no leader in a nation we cease to spark a bull in such market, foreign funds might only plough in when the coast is clear, meanwhile 950 is a level to support or else we are looking at regions of 880-900 for a stronger support if the Americano Sneezes!!!!

Weakness in The US and regional areas of asia will bring down the currency, and that is the only support the dollar has, MYR has its fair share of woes and is looking at Sustainable CPO to back up a rally, can we look at that direction if the commodities spark a bullrun, i mean we are still in the process of biofuel acclaimation should we start to have hopes that CPO run will come back??

Look at the lines they are being violated at this moment of the blog being post, please note that there would be technical rebounds between range, but based on the outlook any rally could be short-lived, bearing the fact that the feds do not allow corporations to fail might satisfy what traders want in short term. There are some theories that the transition among American Government Administration periods they would not allow things to fail, but even with efforts to avoid misery we end up at this level, the actual scenario could be worst if capitalism is practiced by book. The Us Banks & Financial Institutions Market Capitalization has shrink about 4 trillion and more to come as deleverage process will unfold the mystery, u dare risk your money??

courtesy of NYtimes.com and the bigpicture.typepad.com; these are great sites view them as frequent as possible