On a technical analysis basis, weekly MACD of most stocks was slowing down in the negative direction, started to turn upwards and cross its signal line. The first positive call on the most iconic Capitaland came on 28 May that netted a return of 8.8% (check out that blog article here). That marked the start of the property bull when most of the property counters caught up with the Juggernaut's (Capland) rally in the next 2-3 weeks (check out blog article on the property bull run here). Finally, when big cap stocks like Kep Corp, F&N, Semb Corp, Semb Marine start to move, as they have done in the last 3-5 trading days, it is perhaps time to really declare this a ...
...If you had been following my blog for the last 4 weeks, it is of no coincidence that the current market rally was about to unfold.