FBMKLCI
The corrective zigzag pattern of wave 2 is done
XY is the trending up line( the lows are getting higher ).....meaning the worst is over now and the sun is seen rising up at the horizon.
Wave 3 is now in progress.....with possible TP at 1715.93/1787.17/1858.40/1902.42
And there will be PULLBACKs along the way before reaching it.
IT IS CLEARLY SEEN THAT THE 'ABC' CORRECTIONS IS OVER FOR THE KLCI....AND IS NOW ON A BULLISH RUN.( THAT IS WHY IT BEHAVES DIFFERENTLY FROM OTHERS )
KLCI IS RUNNING AHEAD OF DOW AND OTHER GLOBAL INDICES.
DOW
Corrective wave A and wave B is done.
Killer Wave C is now in progress... unfolding its fast, furious,vicious and destructive powerful wave.
This wave C tp is pegged at 15272.43/14263.74
There will be TRs along the way before reaching it.
HSI
Since HSI is tagging along DOW.....it will have the same patterns formation
The killer wave C is unleashing its destructive power now
Possible TP for this wave is at.....18243.86/15238.69
There will be TRs along the way before the tp is hitted.
My comments at Chrissyconn forum at www.i3investor.com:
Feb 11, 2016 04:52 PM |
Posted by skyhawk > Feb 11, 2016 04:40 PM | Report Abuse X mslee81...nothing can stop tis killer wave C...all will be sweep aside...pullback ardy over n HQ is rdy to climb higher now :):):) Posted by mslee81 > Feb 11, 2016 11:58 AM | Report Abuse Master Hawk, how do you view HSI now? The HSI will rebound a bit, then only continue to your TP as per your chart, right? CHRISSYCONN Jan 29, 2016 04:08 PM | Report Abuse mslee81....as said much earlier...am watching tis thriller to breaks resistance at 19000,tis killer wave when reverse will be fast,furious n vicious.Am still loading up:):) |
NIKKEI
It is behaving the same as DOW...
Unleashing the powerful killer wave C.....with tp at 14633.66/13722.67
There will be TRs along the way....before reaching it.
The ONLY different is that....it will be out of the corrective wave ABC soon with the cumulative drop of 1651 points for the past 3 days.
P/S........the above is just my 2 cent opinion.......TRADE AT YOUR OWN RISKS.
NOTE;>>>>>>DOW,/HSI,/NIKKEI/ OTHER INDICES ARE HAVING A HEALTHY CORRECTIONS AFTER A VERY LONG BULLISH RUN.
AFTER THIS CORRECTIVE WAVE...THERE IS A LAST IMPULSIVE WAVE 5 TO TAKE THEM PAST THE PREVIOUS HIGH .
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