How's the overall market sentiment on 27/Feb/12 ?

Well, lets have a look at FBMSCAP, this index will tell you the overall market as most of us are buying small cap rather than those top 100 shares (FBMT100 which inclusive of the 30 index link big cap).
Well, overall the market is still healthy and she is still in the consolidation phase which I think in TA terms is not yet a buy call. But for those really into FA, is the 1st shopping stage. I would put some money into my favourite stocks for MP when the Fbmscap really show some rebound.

For our main index FBMKLCI, she is still uptrend & bullish but blocked at a resistance 1566. If one look at the chart closely, the bullish momentum is diminishing but again see our big boy want to push her further or not. 1600 ,any guess ? If there is a breakout above 1566 but the volume still at low, then there will only a safe bet on big cap stocks & I believe Fbmscap will continue her sideway or downtrend. So, picking big cap would have a higher probability, then again now is still too early to dictate anything as the volume will tell me where our overall market sentiment will go.