The Bursa-KLOFFE has rebounded to about 1105 since this morning. However the resistance @ 1105 is strong and a high volume up bar is required to break this resistance. It is expected to retrace back to 1100 level before trying again.
Regional market has once again influenced KLOFFE. However DJIA is showing weakness on the Friday’s high volume small spread up bar. Profit taking could be expected tonite in DJIA.
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David Kong
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