Dow has a sharp 252 points (-1.4%) drop on Thursday followed by a 369 points (+2.12%) surge on Friday. If it can break 18,000 early next week, then very likely it has completed its wave (iv).
But if Dow is unable to move higher next week, it may go for a abcde wave (iv) formation.
EG Industries Bhd (Rm 0.915)
EG has either completed its wave (v)
Or it is forming the sub-wave i and ii of its wave (v).
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