Note: At the time of writing (9.25 am), the market is recovering a bit. Hopefully this can be at least a temporary bottom after a horrendous few days we had.
Chart: FBMKLCI's weekly chart as at Mar 16, 2020
Tuesday, March 17, 2020
Market Outlook as at 17 March 2020
If you look at the weekly chart below, you will see the extreme drop in the market last few days. In my 26 years in the market, I have not seen anything quite like this. Don't be surprised that we might have a good & maybe even strong rebound once the market has confidence that we are doing something to fight Covid-19 pandemic.
Note: At the time of writing (9.25 am), the market is recovering a bit. Hopefully this can be at least a temporary bottom after a horrendous few days we had.
Chart: FBMKLCI's weekly chart as at Mar 16, 2020
Note: At the time of writing (9.25 am), the market is recovering a bit. Hopefully this can be at least a temporary bottom after a horrendous few days we had.
Chart: FBMKLCI's weekly chart as at Mar 16, 2020
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