MALAYSIA KLCI INDEX, MALAYSIA FKLI INDEX AND MALAYSIA STOCKS WILL HAVE A BIG SLAM DOWN NEXT WEEK. BE WARNED.
IMPLICATION FOR THE REST OF ALL OTHER MARKETS:
IF EVEN STRONGEST INDEX IN ASIA WANTS TO CORRECT DOWN, EVERYONE IN ASIA WILL SELL-OFF STRONGLY.
IMPLICATIONS FOR FOREX:
1. EMERGING MARKETS' CURRENCIES TO UNDERGO SELL-OFF WITH RESPECT TO USD, AS PER WARNED THE PAST 2 WEEKS.
2. EURUSD, GBPUSD TO CARRY ON SELL OFF, AS PER WARNED PREVIOUSLY DURING THE PAST 2 WEEKS; USDCHF TO GO UP (SWISS FRANCE CORRECTION) AS PER WARNED THE PAST 2 WEEKS.
3. AUDUSD AND NZDUSD TO CARRY ON SELL OFF, AS PER WARNED PREVIOUSLY DURING THE PAST 2 WEEKS.
4. USD TO GO UP, JPY TO GO UP: EFFECT ON USDJPY IS NEUTRALISED BUT WITH SELLING BIASED.
5. CADUSD TO GO UP (CANADIAN DOLLAR CORRECTION) AS PER WARNED PREVIOUSLY DURING THE PAST 2 WEEKS.
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