Wednesday, June 15, 2016

FBMKLCI - Worst case scenario

FBMKLCI ( 1,627)

I am expecting a 15 points mini-wave 2 rebound. If the rebound failed to move above 1,640 and if KLCI started to break the 1620 and 1600 levels, be very very careful, very likely KLCI is going to drop very fast.



 

This worst case scenario is where the major wave 5 is a failure wave and the mega wave (II) has started.



Be careful.

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