(5 March 2011) KLCI rebounded to 1522.61 with the high of 1529.41 touched the moving average high of 1528. The forming candle chart pattern of 'shotting star' would mean the current rebound be over.
My strategy:
I would sell on strength of all my stocks holding. The broken down of KLCI below moving averages of 60 days seemed convincing of the downside ahead.