Monday, October 3, 2016

Dow and KLCI

Dow (18,308)

If Dow can move up from its current level, then it is possible that sub-wave ii has ended with a failure e.


But if Dow continues to move lower for another 5 to 10 days, then it is forming its wave (iv).


FBMKLCI (1,652)

KLCI continues to form its mini wave 5 of c.


Felda Global Ventures Holding Bhd (Rm 2.34)

FGV is forming its mini wave 4.



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1 comment:

hkloon said...

Hi Mr Chan,

Just a thought that came out recently. May I know if you have attempted any EW analysis on Crude Palm Oil? What do you think its cycle would look like? Is it similar to commodity like gold silver or totally different type of commodity?

regards & good health...

thanks