I'm a layman with complicated wave charts but one thing I agree is the medium-term is some sort of downtrend in the weeks or months ahead. How far the drop I don't know yet as the KLCI chart is controlled by the big fellas (govt funds).
The last downleg of corrective wave C (of Wave 4).
It is now unfolding the minor waves of sw5..
The following waves are expected to end at:
ssw2...at 1723
ssw3...at 1654
ssw4...at 1694
ssw5...at 1634~1628
Follow by the next impulsive uptrend Wave 5....taking us past 1900
P/S.....the above is just my 2c opinion....TRADE AT YOUR OWN RISK.
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