When you analyze the trend from the Macro level ... it is like you are standing above the water well ... looking down... But when you are doing micro level analysis... you are standing inside the well trying to imagine what is above and outside the well ....
The long term monthly chart above give me an idea IF any panic hits the KLCI .... the range 1400-1600 should be a ZONE to take notice.
Only market will decide what can happen to test the MID zone and the lower band. Malaysia as one can expect, it is the political risk that can trigger this sort of avalanche.
IF 1MDB has no effect on the KLCI ... than only political chaos can bring the whole market down!
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