Friday, 22 February 2008

Outlook for the Dow and the rest

DOW is currently fininshing its b-wave triangle. It should continue to rally for the c-wave correction soon. I am looking at the 12,900 levels for this c-wave.

STI - Similar point of view. 3,268 is the level that I have for the STI c-wave.

KLCI - Should continue to ease to about 1,275-1,285 before rebounding to retest 1,420-1,432.

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