A small bear is likely to come in for a 15% correction in 2018.
If you have done well in 2017, congratulation and can celebrate. If you have done not that well or you have done badly then we shall look forward to 2018 to have a better performance.
Dow (24,719)
Dow is about to end its mini wave 9. Watch out for failure minor wave v. Is this going to be the end of sub wave v, wave (v) and major wave 7?
Major wave 8 is expected to be about -15%.
FBMKLCI (1,796)
KLCI added 36 points (+2%) over the last 4 trading days of 2017 to confirm that it has yet to start its major wave C pullback.
It remained in its wave B formation. It might complete its wave B with a double-top formation. Wave C is expected to pullback about 15%.
.
Dow is about to end its mini wave 9. Watch out for failure minor wave v. Is this going to be the end of sub wave v, wave (v) and major wave 7?
Major wave 8 is expected to be about -15%.
FBMKLCI (1,796)
KLCI added 36 points (+2%) over the last 4 trading days of 2017 to confirm that it has yet to start its major wave C pullback.
It remained in its wave B formation. It might complete its wave B with a double-top formation. Wave C is expected to pullback about 15%.
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