AMianz

KLSE WEAK PERFORMANCE

Short
INDEX:KLSE   Bursa Malaysia KLCI Index
My previous analysis based on EW was right at the first place when it bounced at the last 'Z' wave during its correction moves. However, after it manages to rose 8% from the previous low in the Z wave, it started to plummet down and now it has made a lower low that passed the previous correction wave. Based on my Monthly chart analysis, what I see was it is still heading to the final correction wave, which it might take 1 to 2 years before the economy recovers.

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