FBMKLCI hammer on daily timeframe may signal REVERSALminor wave is not the wave 2, need to recount the wave
Looking at the FTSE Bursa Malaysia KLCI Index chart, here's my analysis:
Current Price Action:
- Trading at 1,585.52, down 1.05%
- Currently testing key Fibonacci support levels
- In a potential wave (ii) correction
Elliott Wave Analysis:
- C