Malaysia stock market started to be downturn trend resulted by lots of factors. Most common factors as we know are 1MDB, crude oil Price dropped, US FED started to hike the interest rate on the US. Presently, the possibility of US FED to hike the interest rate is low because Brexit causes the uncertainty of the global economy. In addition, the oil price has affected Malaysia economy badly. However, I believe the worst of crude oil price have over (if you stand on the view of O&G sector, not from car owner view), but it will stay on 60 to 40 per barrel for the short term and it is hard to hit above 100 like few years ago. Lastly, 1MDB, it is a sensitive topic and only the government and relevant parties can solve this.
Where will KLCI heading to? Right now, KLCI stands on 1660 and sideway move. Although this is a huge discount from the top but the market believes that the trend will continue to be a downturn and we are waiting for the next bomb to start a new downturn from 1660 to another lowest point. I believe the lowest point of KLCI is about 1300-1200. It is the best offer and all company share price is good to buy at a low price.
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KLCI 指数从最高的1900跌到截稿时间的1660点，在这波下降趋势中，最低点一度来到1505点。以1505 点来计算的话，股市跌掉了21%，股市指数的其中一个作用是个股的代表作，虽然21%的下跌不代表个股的价格也以下降21%，但是这代表着如果你在1900 （2014年7月）点还进场的话，多数人都被套牢着了。
马来西亚股市下跌原因很多，主要大家的都知道就是1MDB，原油价格的重挫，还有美国联邦储备局（FED）的升息动作。 目前市场预期美国FED 的升息动作已经停止了因为英国退欧加剧了全球经济的不确定性。另一个因素就是油价了，当时油价的急跌对马来西亚影响很大。但是我相信油价其实早已止跌了，最坏的已过去了（如果站在油气股的角度，不是我们这些去油站打油的车主），相信油价短期内会在60到40之间徘徊，而未来也应该很难在回去100以上的繁荣时代了。最后一个因素影响马来西亚股市的就是1MDB，这是敏感课题，只有政府或相关单位才能解决，接下来故事怎么发展，敬请留守每天的报纸。
所以KLCI会去到哪里呢？目前都在1660这区间徘徊，但是相信这不是最好的买点，而我们也必须等待下一个黑天鹅（意思相当于炸弹爆炸），到时候就会从1660这区间直接另一波的下杀。我相信目前以结构图来看的话，1300到1200点为最佳的买点，到时候的股市就像个跳蚤市场一样，价廉物美。
