A Glimmer of Hope...

 DJIA rebounded yesterday to close at 16286- a gain of 619! Its objective for today will be to close the gap & challenge the horizontal resistance at 16500.

 
 Chart 1: DJIA's daily chart as at Aug 26, 2015 (Source: Stockcharts)

The hapless China A50 put in a not-so-imprressive gain of 191 to close at 8766. Its recovery is a tad uncertain but I believe that it should be able to at least test the horizontal resistance at 9500 this few days.


  Chart 2: China A50's daily chart as at Aug 26, 2015 (Source: Stockcharts)

WTIC is exhibiting an expanding triangle- a rare pattern- with support at USD37. I believe that there is a fair chance that it may put in a decent rebound from here.

 
 Chart 3; WTIC's daily chart as at Aug 26, 2015 (Source: Stockcharts)

The collective recovery of these 3 indices could help our market. We may see our FBMKLCI punches through the 1600 & possibly reaching its goal of 1650. It is hard to see beyond that.