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Cash KLCI, market forces or manipulation? You can make your mind up. Please don't construe my rants as accusing some of 'creating false impression of market activity'. I am like the auditors, expressing an OPINION on the trading, which can be either true or false. At least it does provide trading opportunity....
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20090224 1653. Cash KLCI index value last minute jumps by 4 points to close 894. Same type of manipulative price action as yesterday. Seems the worthwhile trade only comes in after 4:30pm nowadays. But if one looks at the 5 min chart we can enter around 884-885 area. The short on usdchf is working out right now...
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