218) Jan vs Dec Closing for KLCI

There are ideas that the Jan stock market direction will determine the yearly stock market direction.
How true is this idea for KLCI?

Below is the table comparing the January and December KLCI closing since 1995 to 2018.

Comparing the 24 years of data, 15 years showing yearly KLCI direction follows the January KLCI direction. That is 62.5%.

Jan Up, Year Up: 10 times (41.7%)

Jan Down, Year Down: 5 times (20.8%)
Jan Up, Year Down: 5 times (20.8%)
Jan Down, Year Up: 4 times (16.7%)

It also shows that KLCI are mostly up in January, at 15 times out of 25 years (60%) including 2019.

For January 2019, the KLCI was slightly down with -0.42%.

So, what you think will be KLCI yearly direction by the end Dec 2019.
Will it be higher or lower than Dec 2018 closing at 1690.58?

We shall wait and see together.


Other Ideas

Santa Rally
http://highlevelrules.blogspot.com/2017/12/santa-rally-in-fbm-klci.html

Chinese New Year Rally
http://highlevelrules.blogspot.com/2017/12/chinese-new-year-rally-in-fbm-klci.html