In my previous post I mentioned that the likely wave count for Hong Kong Hang Seng Index was a 1-2-3-4 wave formation as shown below. The next wave, wave 5 will have to break its immediate previous height of 17544 and the upper trendline at 17,700 before it can proceed to complete the wave 5 at 20,000
For Singapore STI, if its wave count is similar to Hang Seng's 1-2-3-4 formation, STI will have to break its upper trendline at 2,270 before it can proceed to complete the fifth wave at around 2,680
The point here is, if Hang Seng and STI are going to continue their uptrends in the next one or two weeks, during this period KLCI should not have any major pull back.
For Singapore STI, if its wave count is similar to Hang Seng's 1-2-3-4 formation, STI will have to break its upper trendline at 2,270 before it can proceed to complete the fifth wave at around 2,680
The point here is, if Hang Seng and STI are going to continue their uptrends in the next one or two weeks, during this period KLCI should not have any major pull back. 
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