![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEguCwNhgzjXZkYMYNuEjFGLxO_5GcDGlWqgN5UECCint2PEWtSbPq55WCr6-j39jiRiuVQCZuufu6cO27LD4555pMKlQUiRAARY03tTzxdrORIv9CdG8_fm0HUjhHJb5e__zaNI/s320/FBMKLCI+w20151113_9.45am.gif)
Chart 1: FBMKLCI's weekly chart as at Nov 13, 2015_10.00am (Source: ShareInvestor.com)
FBM70 Index (representing the 2nd liner stocks) is set to test its intermediate downtrend line. Its MACD, ADX & Slow Stochastic are however showing some weakness- possible sign of a possible failure to break above the downtrend. See Chart 2.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiqRloFCoJPQ7MEdEN-vjGscnWsI64zbRh3JvFTizs-aLz2MZv1ivoNxakkH66swNLLXBBPXnmFaObKmzK72jY7O878uzk3WzYCWnKRopSVs6IrB71p_gugmfoELAyQiB4GCfK8/s320/FBM70+w20151113_9.40am.gif)
Chart 2: FBM70's weekly chart as at Nov 13, 2015_10.00am (Source: ShareInvestor.com)
Meanwhile the small-cap stocks, ACE Market stocks & fledging stocks are putting in a better showing than their big brothers. FBMSCAP has just broken above its intermediate downtrend line (see Chart 3).
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh8RzoMuiG3DRpZmcRgj5Y2JHDJwOU5c1HKb_4aNq0GmLooISLugkxevTnzKeUMVoeN2Q5p19ugjrxEcedyMiQDx5S2P4r2JwwXAroAEA2DgTVSZJvlaziDc5Blg-j8D4Xnf3M8/s320/FBMSCAP+w20151113_9.50am.gif)
Chart 3: FBMSCAP's weekly chart as at Nov 13, 2015_10.00am (Source: ShareInvestor.com)
FBMACE has also broken above its medium-term downtrend line & continues to rally (see Chart 4).
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjzw4Y8lHy6roDSHqwqutGgtyDmfHD0sNHb23BLrG2wAjV-E1s-YyFPFXeKvRm513Mbk3TSykJgpHWcY1RoV8XQU9y1MxTlGK3RdDMvX-0ugMc6eg7IaezxbzPYmfSDnZ6M_pko/s320/FBMACE+w20151113_10.00am.gif)
Chart 4: FBMACE's weekly chart as at Nov 13, 2015_10.00am (Source: ShareInvestor.com)
The biggest surprise of all: FBMFLG has broken above its medium-term downtrend line and may soon revisit its August-September 2014 high (see Chart 5).
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgnqlaa7oSIWASr-d7Y0s84AVilQ3-i3-toQAWdH1SNrJfg4UhIqOXIk0rsQGA6pm20Ue_-6Nm1w23DpcPlHnM6GfWzX8Il71cLngLxa-iCoG6XK-gDErTunFGF3CNvueC8XVCq/s320/FBMFLG+w20151113_10.00am.gif)
Chart 5: FBMFLG's weekly chart as at Nov 13, 2015_10.00am (Source: ShareInvestor.com)
These charts show clearly that fund managers are raising cash & staying sideline while small players are rushing in where angels fear to tread. Let the Edge Daily November 11 front-page be a warning to those who threw caution to the wind. Be careful out there!
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi_rWxJW-YPJoaIgWEFuoMiYAMBJ-74GmVchyDKMKauyF3RZurYMCc1pWjAOoPK00R610cUbCb6Br-Yp5O6L5FGUwhyphenhyphenGyHjG40TXrz-jxZ23BiKqMZk2GEml3XqCwFeEU3QyUAG/s320/Cash+Call+Cancelled.gif)
via the Edge Daily
1 comment:
What to do Alex? The man on the street got mouth to feed.
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