Somehow I find out that most of Asian markets are in a very volatile situation where two major problems arise, which are inflation & central bank rate hike. This become problems & big issues since December last year, which finally peaked at January.
Most of all, I can say that we are better to wait & see the market before re-act as the problem happening now seems to be different with what is happening in May 2010.
Technically, we can see that the index bounced at the inner Linear Regression 2 days ago, but there's still an expectation that it can go back to the lower channel at 3210 or lesser, but next week seems to be the technical rebound or a real rebound if it can breakthrough the inner upper channel by forming an Inverted H&S.
Next week, I really hope that there will be rebounds & I expect some stocks that we hold can have a rally. Have a great weekend...
Happy Investing^^
Disclaimer ON!!!
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