Refer to my previous post, assuming the Mega Wave 6 scenario, it is possible that Dow is at the tail end of wave 5 of major wave b. As shown below, it has completed its sub-wave vii. Sub-wave viii and ix of wave 5 will be completed soon. If major wave iii has only 5 waves, the current bear market rebound will end at sub-wave ix.
However, if major wave iii has more than 5 waves, Dow can take the following form with 9 waves .
Bursa Malaysia
Bursa Malaysia started 2011 with a bang, that can be the last surge of major wave b as shown in the following Industrial Index if major wave (III) has only 5 waves.
However, if major wave (III) has more than 5 waves, the Industrial Index would take the follow 9-wave form. Very similar to Dow, it has to be. When Dow plunges, the whole world plunges.
The last journey is usually difficult to predict, same as Dow, it can fall short with a failure wave (III), it can also drag on further for a little bit longer.
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