It’s not really a crash…It’s a market correction!


 Malaysia FBMKLCI September 2014 Outlook

FBMKLCIThe Malaysia FBMKLCI took a plunge of -58.5pts from its highest point at 1896.23 to its lowest point at 1837.73 during the period of July to August 2014. Since then FBMKLCI has recovered from its critical support point and rebounded to 1878pts. In the short term outlook when the FBMKLCI penetrates above its 1878 resistant, we will highly see the FBMKLCI to test its previous historical high at 1896.23pts before testing 1900 psychological historical resistant. On the other hand shall the FBMKLCI penetrates below its short term support at 1861, the market will once again be in a danger of falling back to its critical market support at 1837.73. The upside potential for the FBMKLCI will continue to thrive as the index has already been into a 2 months of big market correction. Futures trader can take the advantage on their long position to capture the next upcoming rallies. Equity trader should know the pot of opportunities still lies on the Small Caps Sector and Penny Stock Sector but of course with a much selective stocks approach.

Read more:


U.S Dow Jones Industrial Average, Malaysia Penny Stocks Index FBMACE, AT, CENSOF, & IRIS: Trend Following


The U.S Stock Market Index DJIA started its market correction since the mid of September and has now finally found its support at its Long Term Trend Support EMA 200days. A technical rebound will be seen and a rally will begin in the coming weeks as long the DJIA index did not fall below its Long Term Trend Support (EMA200days).


The Malaysia Stock Market is currently leaded by the FBMACE Index (Penny Stock Index) as we’ve seen recently the top volume stocks were all conquered by the penny stocks. Blue chip stocks and Small Caps stocks are still facing their price correction period and prices are seen to be mostly stabilized, so it will be a good time to learn how to start accumulating good fundamental valued companies with healthy uptrend formation.  Penny Stocks are best to trade with a solid trading plan not with tips and rumours. Have a plan and trade the plan!

Below are some of the stocks update from the previous posts and some stocks are our new introduction. Have a blessed weekend ahead!





           William Au

           (Position Equity Trend Trader. Financial Speaker)