Monday, May 31, 2010

Market Technical Reading - “Sell Into Strength” On Possible Further Rebound... - 31/5/2010

Local Market Leads:
♦ In tandem with the strong bargain-hunting support in the regional markets, the FBM KLCI finally reversed its nine-day losing streaks with a powerful technical rebound on Thursday. It was closed on Friday.
♦ Despite a weak opening on the back of the late overnight selldown in the Wall Street last Wednesday, the local benchmark quickly regained its lost ground and marched into the positive territory.

Market Technical Reading - “Sell Into Strength” On Possible Further Rebound... - 31/5/2010

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