Biz Direct MarketKnowing When To Make A Good Decision

The behaviour of the oil market has changed dramatically in the last few weeks. Oil has retested the upper level of the trading and consolidation band. The market is establishing a new resistance level and this changes the upside price targets. The NYMEX (New York Mercantile Exchange) Crude Oil weekly chart is the most effective way to observe the impact of these historical trading bands and

The market made a slight downward correction last week in line with rest of the markets in the region. The FBMKLCI closed 22.76 points or 1.9% lower from the previous corresponding week to 1163.43 points. The trading range for the week was between 1,153.97 and 1,196.46 points. The market is still being supported well despite the correction. The KLCI tested the 1,160 support level and came back