Dow - Forming wave iv of C


Dow (24,103)

Dow is about to complete the wave iv of C of its major wave 8.

If major wave 9 were to start say next month, Dow will be able to last a few more years with new record highs before the end of its mega wave VII. Mega wave VIII correction is expected to be about 50%.

FBMKLCI (1,863)

My wave count for KLCI remained the same as last week but abrupt change to its form cannot be discounted in view of the current volatile and uncertain political scene.