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FBMKLCI heading south for FLAT CORRECTION

Short
FTSE Bursa Malaysia KLCI Index (FTSEMYX:FBMKLCI)  
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FTSEMYX:FBMKLCI   FTSE Bursa Malaysia KLCI Index
Trend Lines Wave Analysis
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3
trendline waveanalysis
Current downward movement of FBMKLCI suggest that the corrective wave are still intact. 5 subwave sequence of wave C in the making. Index falling to complete the subwave iii of wave C.
Possible target for wave iii : 1650/1600
Possible target for wave C : 1550/1500
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