Dow (21,637)
Is Dow about to end its major wave 7? The possibility is there unless it has nine sub-waves.
FBMKLCI (1,755)
KLCI is forming the wave C of its mega wave (6). It is likely to end below 1,600 level for a 15% pullback.
Looking at the 30-minute interval chart. It is possible that sub-wave i of C has ended and sub-wave ii rebound has started.
Unless the mini wave 8 of i has not yet ended as shown below.
