20050728 Break out of the inside day, another buying action seen in today's candlestick. Could be building momentum for further upside tests. 

20050727 CCI crossed below the support trendline, indicating a place to lock in profits. Candlestick today is showing an inside day, although not the narrowest day in the last four days, may be potentially setting up or a break out trend day either long or short. 

20050726 9:25 am. FKLI 

20050722 FKLI reject the old CCI trendline, prompts redrawing. Momentum looks strong after this rejection of TL and +100. So the high risk trade long paid off handsomely. However, divergence is appearing. 

20050722 Lifting of the peg provided impetus for the KLCI cash index to reach target of the ascending triangle. 

20050720 Continuing uptrend after +100 rejection by the CCI. Doji candle on fkli shows some indecision with buyers balancing out sellers. 

20050719 Big candlestick indicates buying action on the fkli. But the cash turned out to be expected, trapped in a narrow sideways action. CCI on the fkli chart has rejected the +100 support which is a buy signal, but usually has a higher risk associated with it. 

2005078 A sell signal (red arrow) denoted by the ghost pattern on the cci two days ago, now testing the uptrend line. Looks like the market could well move sideways to down in the near future if the CCI penetrates the uptrend line, a good place to take profits on long positions. 

20050715 Profit taking, candlestick shows selling interest. May point to further range trade in next couple of days. 

20050714 The arrow denoted the last ZLR buy signal on 4 July turned out to be a good buy signal. At 14 July closing of 925, 34 pt profit ensued. At this point is prudent to bank some partial profits and leave runners to take advantage of this break out. 

20050714 11:16 am. New highs made, good momentum on CCI, notwithstanding the short term overbought conditions. 

20050712 

20050711 Decisive break of the upper trendline (on price) and closing near high could signal continuation of the uptrend. CCI shows strong momentum 

20050708 Hamer candlestick, sellers failed to sustain downmove as buyers setpped in to drive price to close near open & high. Watch the upper trendline for resistance and possible breakout. 

20050707 Uptrend continues. On overbought level on CCI and the candlestick today showed selling activity, possible triggered by the London bomb blasts. 

20050706 Commerz Asset Holdings Bhd is one which is a higher weight in the KLCI, lending weight to the internals governing the buy signals, which have been more responsive than the short signals currently. 

20050706 Took a little heat yesterday, but the buy signal looks pretty good now. A group of blue chips are lending god weight to the internals on the KLCI. 

20050704 ZLR buy signal today. Covers last short position and initiate long. 

20050701 Bounce off the mov avg, but no buy signal yet. 

20050630 As of close short signal still in play.