Weekly Update

Billionaire hedge fund manager Steve Cohen said on Wednesday a bear market is coming within two years, adding to a chorus of voices who say the US economy could falter by 2020.

Click 'Bloomberg - Cohen' for the reports.

Dow (25,413)

If the next bear market were to start in 2020, the current major wave 8 correction is likely to end during first quarter of 2019 to be followed by the major wave 9 that could run well into 2020.

FBMKLCI (1,706)

KLCI is currently in its sub-wave ii rebound. The next sub-wave iii down can be quite sharp.

EG Industries Bhd (Rm 0.505)

EG is forming the mini wave 5 of its wave (v) of C of (2). Wave (v) might have 9 mini waves instead of 5 mini waves.

Inari Amertron Bhd (Rm 1.79)

Inari is forming its major wave (2).

The duration and magnitude of major wave (2) can vary as shown.

Insas Bhd (Rm 0.695)

Insas continues with the wave C of its major wave (4).

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