Good morning...klci...it closed on a strong note yesterday n one more hurdle to overcome ie 1806-08 res area which if breached,wud call for w5 of ssw4 consolidation phase to proceed n be completed at 1832-36 area.The downleg from 1831 cud be the missing leg,w4,which ended at 1778,a v crucial sup closing pt which must be respected from now either short,med or long term.Being w4,it may not be requisite to complete in 5 waves sequence.So, I may be v wrong that it has started its major downtrend as commented yesterday.However,similar to dji(dow),it will be its final upleg n we shud take the opportunity to harvest our crops if further rally is seen.Good luck.+++I have to leave town this evening n will continue my commentary on coming Monday++

Connie...5226...1,29,is the fibo .618 target(1.19-1.45) ignoring that,it shud not break below 1.24 from now.Its within 4th consolidation phase currently after an ugly fall(W3) recently.Downside risks is limited.I think u can look at it seriously when or after Bursa takes a downside correction.

Connie...yeah.agree with u,hehe.

Connie...good morning...our Bursa will be in Guiness world records if it goes up b4 or after implementation of gst.

bracoli...nothing at the moment,maybe u shud monitor Krono if u c any pullback from now between 0.24-0.26.

Good morning....klci...it shud soon be seen below 1778,my guess wud be latest by coming Monday if closing/resistant levels at 1789 n 1797 r not overcome from now.AS the downleg,namely sw3,from 1826 is juz too short,the next decline or downleg wud be seen more impulsively driven down below 1768 for downside targets/sup areas between 1737-1757.good luck.

tsy....good morning..yr q on 5260...OWG...it shud hit new high,target at2.28.However,if it closes blw 1.78 it wud be OMG n not OWG..good luck.

Crude oul(nymex) cud hit 32.00 dlrs in april 2015.

Continued on klci....incidently,1778 was a crucial clsg point recorded on 1.12.2014.

Good morning.....m early today as I didn't take much of my time to analyse klci chart(s)....Although m expecting to c a rebound today,m still bearish over the short or med long term.Sw3 downleg of the W4 from 1826 appears to have achieved completion at 1774 which is the minimum downside target n it shud rebound today.Since 9.3.2015,the lowest clsg pt at 1778 is still holding up n we have to c how far up it cud go from here.1789 is the immediate res n a close abv it wud call for tests of res 1797 n 1806-08 area.The overall bearish picture wud not change unless it penetrates 1806-08 area from now.good luck.

mslee...m neutral at current level.

mslee...no/yes..correction with 0.36 remains a crucial sup(clsg)

mslee...can I ask u again re ijacob...u got out at the new high as I expected to c at 0.41-0.42?

Connie..welcome...sori if I give my views late at times as I don't prepare or look at klci charts in the evening...only after my breakfast.

for gold fans..buy it for a moderate rebound below 1100 or 990ish.good luck.

I read some bullish comments on Bursa..juz wonder if they had looked at the charts.

Good morning...klci....it is normal for it to further test supps within this week,1768 wud be the 1st target n further down r 1758,1745 n even 1737 which is juz abv crucial sup 1731.Currently sw3 of W4 is still in progress n further downlegs begin from now can be impulsive.Immediate res is at 1789(surprised to c it held last Friday) n this isn't a good sign if it is not taken out.good luck.

Good morning...klci...although it went short 1-2 pips off the minimum target of sw3 which began from 1826,that wud not change the bearish outlook.Unless n until it breaks abv 1808 from now,current upleg from 1777 shud be classified as a corrective wave 4 of sw3 downleg.immediate res at 1789 is expected to be overcome n the next hurdle to overcome is at 1797-99 for test of 1808.supps r 1777 n 1768(crucial) from now. Good luck.++leaving town now++

Talk to u later..still in clinic.

Klci...unusual MKT behavior...sw3downleg from 1826 isn't even equality to sw1(1831-1781) n its already seems to be in sw4 upleg in progress.On alernate count,the downleg from 1826 is wave c n now its in wave d .M I rite that local funds r supporting bursa.Let's c how far it cud go up from here.

Good morning...m having my routine medical check up now. Klci...1789 wud prove to be a tough res barrier to break thru from now n a test towards 1768 looks imminent over the short term b4 it rebounds.good luck..

Connie...i will be busy tom morning..will update u on klci after lunch.tq

dji...it has yet to test 17220-40 area b4 it rebounds ie abt 1k pips from recent high.

Connie..believe local funds r supporting bursa.Maybe the worst scenario on the downside is at 1768 on current w4 downleg.

tsy...nova bo swee lah.

Krono...its not going to crash down as I mentioned b4 n downside risks is limited...can hold if u have the holding power.

Sharonsee..partially n will average if I c below 0.27...hope my buddy is rite of its upside target at 0.60 later.

tel....don't c anything interesting on charts.Unfortunately it cudnt complete its upward course within w4 consolidation at 0.355 due to bad timing.Below 0.29,wud call for test at 0.26.

kroon...buy on pullback..0.255-0.265 area.

mslee..good morning,congrats on yr biscuit...

Good morning....klci...it has to continue its southbound journey within W4 of 4th consolidation phase which began from 1706.The minimum downside target expected to be hit is 1768 which if breached on closing,wud see a test towards 1750-53 area(fibo .618 of 1706-1831).The downleg which began from 1831 also calls for a test at 1750-53 area within sw3 of W4,if not,wud be 1732-35 area(coincidently its abt 100 pips from 1831) on completion of its 5 wave sequence.
Res at 1789 shud hold today n within this week support at 1765-68 area wud hold for a moderate rebound.good luck.

mslee...if u c a close blw 0.36 u have to exit..there is more than 60 pct chance for it to retest 0.40 level or slightly higher where u MUST take yr profit.

Connie...mmsv...yes,so long as it doesn't close blw 0.57,it cud even go abv a pip or 2 abv yr target.good luck.

med term outlook for klci:W3 from 1706 might have already seen completed n looks likely if u look at the daily line chart.The whole course of the coming or current downleg,W4 within the 4th consolidation mode from 1670,may end at 1748-53 area b4 it begins to move into the final upleg,W5 which may or may not hit abv 1831.So,be cautiously bullish n try to stay flat if u c a rally or correction from now.

mslee...try to keep a small portfolio from now n stick to yr stoploss pt from now.

skpetro...try not to chase rallies to buy.Honestly,i didn't know about Mokhzani's resignation when I shouted to be cautious on this counter last week.Based on my chart analysis,it shud hit below 1.97 soon.

Connie...good morning..pasuk..w4 within the flat pattern is in progress n I don't c a retest or new high abv 0.29 if 0.265(closing)res holds.The bottom or sup within current w4 is at 0.205.U shud try to exit at or v close to 0.265 if seen from now.

good morning...klci...as expected it hit juz a pip lower than recent low(1780) yesterday within Wave C of W4.It has to breach/close abv 1808 from now to be sure of a retest of res 1826 b4 moving into new crucial res area between 1832-36.Immediate res pt is at 1797 n a close abv that wud call for a test at 1808.good luck.

Connie...juz make it simple when counting waves..don't have to follow them.

Connie..1k apologies.. Juz informed by tsy re yr q on pasuk..was not in town since lunch time...will look into that tom...OK?

yong...its hokkien..meaning cant run away n kikiki up up up.

Evel..yes its kroon..,sori its typing error. downside risks is limited even in a bear mkt.

Connie...W2 too u seldom c 5 waves sequence.

Connie...yes..its always W4(up or down) problem with irregularities.

kroon...bay chao..kikiki

Skp...wont be long it shud break below 1.97.

Good morning...klci...don't panic yet.I don't think the major 5 downleg has started.Taking the count from 1831,current downwave looks likely a sw3(wave C) of W4 consolidation mode is in progress n it shud break 1803 decisively today for test of recent low 1780ish or juz slightly lower to complete its course within this week b4 a strong rebound be seen.Immediate sup is 1799 follow by 1789 n 1780.good luck.

Connie...tq..downside v limited even if mkt down.

klci shud close at 1810ish.

tsy...accumulate kro on slight pullback..downside risks is v limited.