Weekly Update

Dow (15,988)
Dow is either at the tail end of its wave C of (6)

Or it is at forming its sub-wave iii of (iii) wave A of major wave 2.

FBMKLCI (1,628)

KLCI is currently forming the wave c of its wave (ii).

 

EG Industries Bhd (Rm 1.00)

EG has finally ended its run and has started a higher degree correction. It has either completed its major wave 3.

Or this correction is the wave (i) and (ii) of its major wave 3.

 

Insas Bhd (Rm 0.72)

For Insas I still like to maintained my previous wave count that it is at its wave (ii) at this moment.

 
Currently it is at the wave c of (ii).

Farms Best Bhd.

It is forming the wave c of its wave (ii). The chart looked very bullish.

http://chanky50.blogspot.my/2016/01/weekly-update.html