Malaysia Boleh!

Finally the Bursa composite index has caught up with their international peers.A record breaking close of 1386.27 (+9.48).A symbol of Malaysia Boleh!
The MDEX index futures open @1382.5 Having a low of 1379.5 @09:12am. Touches the high of 1387.0@12:11am.At lunch break it was 1382.5. (A spinning top)
In the afternoon session it was still hoovering between the morning range before the breakout at 4:52 pm just minutes before the closing bell.At 5:00pm the index was 1383.86(+7.07) after which it was adjusted to 1386.27(+9.48).It has been happening most of the time.
From the candle pattern it looks like a bullish Hammer.What say you?Well, I'm a bit cautious as US will be having the leading indicators tonight & the FOMC meeting on 27/06/07 another rate fear might be on the card.
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