KLCI has another sharp drop (-1%) on Monday.
CI might have broken its lower trend-line but technically I still cannot rule out the possibility that It is forming the wave e of its wave (ii). This is because in an a-b-c-d-e corrective wave, wave e can be quite erratic, it can 'fall-short' and it can also 'over-shoot'. With this sharp drop, we have an over shot wave e. Hopefully wave e can hold above 1600 level.
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