Dow - wave (xiii) has an upper hand

Dow (16,805)

Dow added another 127 points (+0.76%) on Friday to end at 16,805. This 0.76% gain may be small but it help the Dow to recoup more than 50% of its recent losses and to overlap with its mini wave 7. With these development Dow looked more likely that it is forming its wave (xiii) and Dow is more likely to set more new highs until early 2015.

At the end of wave (xiii) the question of whether major wave (5) or mega wave 1 has ended will come out again.

FBMKLCI (1,818)

If Dow is more likely to form its more bullish option of wave (xiii) from now until early 2015, it is very likely that KLCI is forming its wave d of its a-b-c-d-e major wave 4. This wave d should be able to last until early 2015.

KSL Holding Bhd (Rm 4.19)

Inline with KLCI, it is likely that KSL has completed its wave (iv) and is forming its wave (v) at this moment.

Hopefully it will go above Rm 5.00 this time.

Dutaland Bhd (Rm 0.605)

Same as KSL hopefully Dutaland has completed its wave (iv) and is forming its wave (v) at this moment and hopefully it can move above Rm 0.80.

Pan Malaysia Corporation Bhd (Rm 0.225)

Similarly it is possible that PMCorp has completed its major wave 4 and is forming its major wave 5 now.

Priceworth International Bhd (Rm 0.195)

Inline with KLCI, it is possible that PWorth is forming its wave (iii) at this moment.

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