FBMKLCI continues to go south

FBMKLCI (1,755)

KLCI Dropped 16 points in the last 5 trading days to close the week at 1,755 level. KLCI continues with its wave (iii) of C formation.

Dow (22,405)

Very likely Dow has completed its mini wave 7. I expect Dow to move side way in October to form its mini wave 8.

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