Weekly Update

Dow (18,261)

I expect Dow to move higher to complete its mini wave 1.

FBMKLCI (1,670)

KLCI is expected to move lower to complete its mini wave 5 of c of 4.

Felda Global Ventures Holding Bhd (Rm 2.41)

FGV has a 9 sens pullback on Friday. This can either be a small minor wave ii correction,

Or it can be a mini wave 4 correction it the correction continues for a week.

Insas Bhd (Rm 0.73)

The current correction for Insas can either be a minor wave vi if it lasts for another day or two,

Or it can be a higher degree mini wave 4 correction if it continues for one week plus.

RCE Capital Bhd (Rm 1.24)

I expect RCECap to move higher with improved volume to complete its minor wave iii.