FBMKLCI,DOW,HSI,NIKKEI ----- LATEST UPDATE

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 .

CHINESE NEW YEAR GREETING

Wishing All Members,Friend & Readers

A Happy Healthy,Wealthy & A prosperous

CHINESE NEW YEAR.

CRUDE OIL ( DAILY )

The above is my waves count on the crude oil....

Wave 4 is done and now unfolding the last wave 5

Possible target for this wave is at 24.09/21.14

P/S.....the above is just my2c opinion....TRADE AT YOUR OWN RISKS.

Hang Seng Index ---- Update.

Hang Seng Index is now unfolding the killer wave C

Wave 1 & 2 had been done....and now into subwave 3 extentions...

TP for this wave is at 15375.

P/S....the above is just my2c opinion....TRADE AT YOUR OWN RISKS.

DJI ---Update in comparison with FBMKLCI update.

Dow Jones Index.....is now unfolding the killer wave C.....to complete its corrective wave 4.

Possible target for this wave is at....15643/15079/13452.

It is a healthy correction before the last impulsive wave 5 to moves past 18500

Other global indices that tagged along the Dow...will have the same pattern formations.

With the exception from China....the 'Tokong Waves' have been activated.

FBMKLCI.....the corrective wave 4 have been completed...and now into the last impulsive major
wave 5.

Major Wave 5 have a 5 waves formation.

Wave 1 is done( the mini bull run ) and is now unfolding the corrective wave 2....most likely a combo corrections due to the knee shake from the Dow.The FBMKLCI is way ahead of the Dow...
That is why it behaves differently and is long long time ago decoupled from it.

P/S.....the above is just my2c opinion....Trade At Your Own Risks.

CHINA A50 CHART

NOTE

It is now unfolding the corrective impulsive wave B

The lows are getting higher(trending) confirming the last impulsive wave.

Wave B consists of a 3 waves formation....it is now unfolding the last impulsive subwave c with a tp at 12607.

The above is just my2c opinion....Trade At Your Own RISKS.

FBMKLCI --- LATEST WAVES UPDATE.

Lets welcome 2016....the BULL will be charging in...

Looking from the EW directions...corrective wave 2 is considered done...

We are now into subwave 2 of the wave 3 extension with a tp at 1789

Once the resistance at 1706 is breached...am looking at 1762 for the coming CNY.

It would be a bountiful harvest for those who pick the right stocks...Huat Arrrrrr !!!!

P/S....the above is just my2c opinion.....TRADE AT YOUR OWN RISKS.