Again, the markets around Asia would try to rebound, tagging along with the rebound on the Dow overnight. Like yesterday, I think the the Dow has rebounded about 38% Fibo and a another leg down would ensue soon. KLCI would retest 1,350 while STI would retest the 3,480. The markets are heading towards more consolidation over the next few weeks at least. There will be tonnes of opportunities once the market stabilises. There is no need to rush in to buy right now.
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