Technical spots
FBMKLCI - Final down leg
Embrace yourself, because final down leg for FBMKLCI is coming.
FBMKLCI is executing the final down leg C of double zig-zag.
This is the time when panic, frustration, disappointment, bearishness, discouragement - the ultimate mother of all negative sentiments will peak.
And once and for all, ending the correction mode of FBMKLCI in 2017.
Refer to figure below used from (Elliott Wave Internationl, ND) for the structure of a double zig zag.
Once again, good luck everyone.
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