Attached is the technical analysis of ARREIT listed in KLSE.
LARGE SCALE DISTRIBUTION in Malaysia is at its final phase and is expected to end in 2014.
Malaysia KLCI Index is executing a Bear Market Transition Confirmation in 2014 as per warned in end-2013 and 1H-2014 using Funds Flow Analysis.
ARREIT is also following suit.
In fact, based on technicals and volume counting of stocks across the board in Malaysia, majority of Malaysian public are holding on to Malaysian stocks and equities such as the ARREIT attached above. There have been massive rushed unloads to the public using positive sentiments and rosy outlook as illustrated above.
In addition, based on ground check, public sentiments in Malaysia is very bullish.
Unfortunately, magic stones are most easily sold and unloaded to public at high high prices when sentiments are high, adrenalin juices rushing and flushing, outlook rosy and when everything looks formidably good.
This is when the climax ends and the U-turn sets in.
When all REITS are being dumped, it is a distress sign.
ARREIT, together with Malaysia Stocks and Equities Market, is making confirmation of transition to bear market right now.