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Thursday, 19 June 2014

YTL: 19 June 2014, Thursday, 4.07pm Singapore Time

YTL: 19 June 2014, Thursday, 4.07pm Singapore Time
Chart courtesy of Chartnexus.com

Technical Analysis of YTL listed in KLSE is as per illustrated in Daily Chart above.

+ YTL is ending its 2-year major distribution
+ Warning signs are as per illustrated on chart above
+ All Smart Money unloads are also as per above.
+ The market execution of bear market confirmations are as per warned during end-2013 and 1H-2014, and this is as shown by the RED BOX in chart above.

Donovan Norfolk Technical Rating:
Bearish
Bear Market Transition and Confirmation
(Sell on Rebounds)



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