Saturday, January 11, 2020

Dow Continued with its Major wave 9

Dow (28,823)

Despite of the US-Iran tension, Dow continued with its major wave 9 formation.

If the mega wave VII has only nine waves, I am looking at 34,000 level. However it is also possible that mega wave VII may have more than nine waves. 



FBMKLCI (1,591)

As I have mentioned before, KLCI is either on its sub-wave vii and will continue to move lower.


Or it is on its wave (iv) if it can break its upper resistance level and move higher in the next few weeks before its final down, the wave (v), to complete the wave C and the mega wave (6).



Insas Bhd (Rm 0.88)

It is likely that Insas is on the wave (iii) of its major wave 3.




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