29 October 2018, Monday, 8.08pm Singapore Time
(Click on Technical Chart above to Expand)
Today, I am going to point out certain facts (Universal Truths) about Malaysia Stock Market:
1. Malaysia Stock Market is not in any bear market, in fact it is at attractive valuation level of a healthy correction within an extremely large super-cycle (within the blue channel). 2. Whenever black resistance-support trend bands that are in parallel are made supports, it always follows with a large super upwave (see technical chart). 3. We are currently near blue super-cycle channel support and at black trend band support. As can be seen, these are actually attractive bull valuation levels that yield large super-cycle upwaves. From here, KLCI would go around 2x up to above 3000 points. This means from here, many non-index stocks will go 2x to 20x in multifold returns.
Reiterate:
Fools in 2018 declare for bear market, crisis or recessionary economy when we are in expansionary bull market of a lifetime with crazy upsides of a supercycle to go.
Note:
The above represents Powerful Technicals of FTSE Bursa KLCI from 1977 to 2018 (41 Years) with projection to 2028.
1. Malaysia Stock Market is not in any bear market, in fact it is at attractive valuation level of a healthy correction within an extremely large super-cycle (within the blue channel). 2. Whenever black resistance-support trend bands that are in parallel are made supports, it always follows with a large super upwave (see technical chart). 3. We are currently near blue super-cycle channel support and at black trend band support. As can be seen, these are actually attractive bull valuation levels that yield large super-cycle upwaves. From here, KLCI would go around 2x up to above 3000 points. This means from here, many non-index stocks will go 2x to 20x in multifold returns.
Reiterate:
Fools in 2018 declare for bear market, crisis or recessionary economy when we are in expansionary bull market of a lifetime with crazy upsides of a supercycle to go.
Note:
The above represents Powerful Technicals of FTSE Bursa KLCI from 1977 to 2018 (41 Years) with projection to 2028.
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