Dow is either forming the wave d of its a-b-c-d-e wave (xiv).
Or it is forming sub-wave iii of its wave (xiii) if Dow can break its upper resistance line.
FBMKLCI (1,732)
It is possible that KLCI is forming the sub-wave ii of its wave (i) of major wave 5.
KSL Holdings Bhd (Rm 2.00)
It is very likely that KSL is forming the wave (v) of its major wave 3.
Hopefully it can break its September high of Rm 2.44 (adjusted for 1:1 bonus) and reach Rm 3.00 by end of February when KSL announces its 4th quarter result.
What are the things to worry
1MDB's Rm 42 billion debts. The company failed to settle its Rm 2 billion loan repayment by 31st December, 2014. Click '1MDB' for more.
Sliding oil prices and the weakening Ringgit that may trigger a full scale Ringgit sell-off by the foreign funds, especially the hedge funds. Don't forget Mr. George Soros.
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