FKLI WEE 48 2024: Retracement to continue.I don't think that we are done with the move downwards. I think there is still some room down and the retracement will continue towards Target 1 and if that level didn't hold then it is likely that the index will move towards 1540 (Target 2). Then depending on the price action, KLCI would probably try to make a move higher. For the week ahead, it is still bearish.
Klcishort
KLCI after Raya HajiNothing says 'Selamat Hari Raya Haji' like preparing to short the KLCI. After all the festive cheer, it's time for the market to face a reality check. As everyone else is winding down from their celebrations, I'm gearing up for what looks like the perfect opportunity to capitalize on the inevitable post-holiday dip. Because why not turn the holiday spirit into some serious gains? Here's to hoping the market crashes harder than my diet did during the festivities.