Weekly Update

Dow (21,830)

Dow closed with another new record high on Friday. My reading for Dow remained the same as last week. Dow is either on its way to complete its mini wave 5 to complete the major wave (7)

Or it is forming its mini wave 3, still a long way to go to complete its major wave (7).

FBMKLCI (1,767)

With respect to the two possibilities of Dow, KLCI is either has completed its wave B and is forming its wave C,

Or it is forming the wave (iii) of its wave B.

EG Industries Bhd (Rm 0.83)

If EG is forming its major wave 5, it should start to move higher again next week.

Inari Amertron Bhd (Rm 2.55)

Inari is about to complete its major wave 7 if its wave (v) has only 9 waves.

Insas Bhd (Rm 1.07)

Insas is either forming its wave (iv)

Or it is forming the sub-wave vii of its wave (iii).

Priceworth International Bhd (Rm 0.245)

My reading for PWorth is as shown. If it can move up from its current level, very likely it is forming the sub-wave iii of its wave (iii).

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