KLCI didn't move as I have projected over the weekend. The twelve numbers of 30-minute interval candlesticks has cut short the wave ii rebound.
Wave ii has ended at 1772 level on last Thursday, 8 points short of my projected 1780 level. Wave iii of C has already started on last Thursday afternoon.
Wave C is expected to end around 1,520 level, another 240 points to go.
From the 20-year chart, one can see that I am assuming that KLCI has been forming its mega wave (6) in the last 3 years.
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