connie/2bits....good morning...for short term waves count I wud recommend u to look at the 10 days chart..marketwatch.com..fbmklci..

good morning...klci...After going thru some alternate counts,it all sums up that current upleg shud be the final upleg within the consolidation phase(wave 4 a-b-c) of the bear trend.2 upside targets I expect to c r 1618 n 1629 with the latter likely be the final tp b4 Wave 5 downleg starts to develop.
At this point,we shud be cautiously bullish n it wud be safer to buy on pullbacks,not today but maybe after the long weekend.The crucial immediate support shud be seen at 1588 n 1611 shud cap further rallies for today.Those who r still holding long positions for short term investment shud take profit on any rally seen above 1601.Those with no positions,stay on sideline n hope we have a beautiful merdeka day celebration.

Connie/2bits...minor wave 1 ended at 1568..any retracement below 1568 wud be a sell signal...So,if the consolidation continues on the next upleg it shud not go below 1568(this I mentioned b4)..it shud stay abv it.

tsy ..u shudnt pening..its temporary only.I wud have stopped u if I know u r going in for a big one...

Connie...that's I what I meant by CLASSIC.

Connie...B=A is a classic pattern..it doesn't mean it has to be..understand bo?

Connie...the upleg taken from 1504 as wave 4,so a n b even c can be of equal length...

Connie..thats I m talking about a b c ..or d n e within any consolidation phase of wave 4.2bits is talking abt wave 2.

2bits that's normal count for any wave b or 2..unless it is a special case.Mr Elliott must be v angry with me now.

2bits...Wave D can extend to 0.618..B is maximum 0.318.

2bits....rite...note...if B exceeds 0.318..there will be no rebound for C...u have to count C downleg...juz the opposite.

SS..supposed to be..can be foolish too.

2bits..want to join them too..free curry rice..hopefully they can provide me with capati.

2bits..bring the charts along with u...juz in case u wud have to plot them in the C...hehe

Anyone of u joining bersih 4...?

Lyy...that's good work!!

Connie..catching the last train over the short term can hurt many of our buddies here.

Connie..hope those buyers wud not pass over their babies to us to look after,as,who can they sell to besides retailers.

Connie...yes u rite on Bing...advertisement etc.

Connie..i meant it shudnt hit that pt today.

Connie..m positive it will put its reversed gear once on a touch at 1603..so,1600 is nothing.it shud be seen today..maybe at the early hours tomorrow.Wave a is overextended.

Connie...whats is so important abt 1600?it doesn't change its bearish outlook!!

Ci is expected as per my view this morning..don't chase!!

Duit...ok..u got a point..tks for pointing out.what r charts for..it still reflects on klci.

2bits...sori..1568..m outside!

2bits..timing wise by tom n wave 2 wud be interesting.. C if it cud break below 1768 1st.fa unchanged.. New economic plans unknown..political problem remains,a main fear for FF!

Don't forget...calls r too expensive too..u expect ci goes to 1800 within this year!!!

Yong..not a bull mkt..tokong waves shud still be used.

Yong..calls too high either at the moment!!

k...tea break!!like to c how klci closes today..most probably below 1587.

Connie..u can c some interesting charts..also show big outflows from US..on usdlr index which has to head further down.

2bits...ok?

2bits..go to bing...type..klci 30 year chart..u c many interesting charts.

2bits...u get a v classic chart from website...klci 30 yr chart!!!!rhb for what!!

evel...hw minimum 52.

2bits...u got it...??

Evel...if hw still holds abv 39-40 by tom(fs)it will shoot up faster by early next week.

Evel....for sure,mkt bearish sentiment is still intact..i prefer to buy hw on dips..trade within ranges for the timebeing.

2bits...get klci 30 year chart.

wave b downleg shud start soon...wud it break below 1557 early next week remains to be seen.Dji shud top out at 16750ish n long term outlook still negative n poised for test towards 14800.

dragon...watch the money flows..$$$ u can tell us more..

jc...its for long term,ok?

tsy...good morning.

good morning...klci...2 days of impulsive upticks can be followed by a set of impulsive downticks too when wave b starts to develop.The negative outlook for CI on the long term chart hasn't changed,but,it cud be stuck within trading ranges for a longer period of time.The upleg(wave a) from 1504 shud end at 1597,maybe with slight extension, either starting from yesterday's closing point(1580) or from 1568-70 area b4 wave b takes charge.A break/close below 1568 wud call for test at 1557 which if breached,wud call for an impulsive downticks till it hits the floor of wave b at 1504.Jump into Hs when CI continues to struggle uphill from here.good luck.

CT...congrats!!

CT..do like rchi..mkt is consolidating ma b4 down!

2bits...thot abt that but there r a lot of things I disagree with mr Elliott..how can I sell my books.

mslee..hope u jumped in when ci rose slightly higher earlier.

2bits...got u.tq.

Connie..i haven't finished...dsonic has big business deals with SK.