Saturday 12 September 2009

Technical Trade: SELL the Kuwait Stock Exchange (KSE) (Re-post)

Now this really contradicts my previous post, but technically speaking the Kuwait Stock Exchange (KSE) index is posed to sell-off in the short-term. Although we are still lagging most indexes around us, there is a strong probability that we might lose another 200 points, i.e 2.5%.

Below is a list of the year-to-date (YTD) performance of relevant indexes:


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