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KLSE Composite

8 Aug 2019 ‚óŹ 04:26 AM

KLSE was one of the first markets that I thought were topping out in Asia, and now it is the first one with a clear 5 wave decline. So while prices can extend, till the low holds it is time for a wave 2 bounce. I would not anticipate more than 38.2% in this case because this is wave 3 after a leading diagonal long term and, and those are usually very weak markets.

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