Wednesday, October 23, 2013

Bursa Malaysia - FBMKLCI closed with record high.



FBMKLCI closed with a new record high of 1,814.11 at the end of the trading session today.




The index is forming the mini-wave  3 of wave (v) of major wave 3 as shown below.


It is going to set more record highs in the coming months. Dow may go for its major wave (6) correction with a possible low of 14,000, but as long as Dow does not collapse, FBMKLCI is likely to continue with its mega wave (5) up-trend.


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