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....
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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