Wednesday, August 6, 2014

Dow - Sub-wave iv of wave (xi)


Dow (16,429)


Dow Jones Industrial Average gained 42 points after 3 hours of trading on Wednesday morning.


Dow dropped 140 points (-0.8%) to 16,429 on Tuesday to form the mini wave vii of its sub-wave iv of wave (xi). The closing level is about 23 points below the supporting level of 16,452, it is acceptable to me. But I am not sure whether sub-wave iv has ended or that is only the wave a of sub-wave iv. There is nothing to worry at this moment until such time when Dow has formed its wave (xiii).

Priceworth International Bhd (Rm 0.205)

It is likely that PWorth has completed its wave (ii)


Advance Synergy Bhd (Rm 0.21)

ASB is about to complete the sub-wave ii of its wave (v). If it can move higher tomorrow, that should be the sub-wave iii of wave (v).



KSL Holdings Bhd (Rm 3.24)

KSL is forming its minor wave ix today. Is that the end of mini wave 3 ?



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