FTSE Bursa Malaysia

Counts best as a leading diagonal underway, with wave-D completed and wave-E underway. This can also be counted as a large ABC up, (alt) but both counts point higher. The bearish options is that the ABC already completed, but for this to become the preferred count we must see price break down below 1600 for starters. Based on the Fib-extensions I do expect wave E/C to complete at around 2100/2150, which is close to the 1.382 (blue) and 1.00 (black) wave extensions.

FTSE Bursa