Obviously, this early morning, our FBMKLCI could not beat against the Bollinger Middle Band (BMB10) revert downward.
We have not been posting any counters to watch because there isn't any stable sign of settling for the past two weeks. Rather we keep mentioning cash out from the market two weeks ago, and for belated individual treats any possible rebound as an opportunity to liquidate and preserve your capital before the KLCI heading south bound... and this time may perhaps further toward 1224 and may be lower....
Let's see by end of today and subsequent days whether our FBMKLCI could come back above BMB10 and stay above for positive sign, otherwise prepare for lower bound.
For sideline investors, still stay sideline until the water is settled and clear for further actions later......
