Will KLCI go up?

In long term, it is a strong uptrend since it is HHHL + Y1<Y2. However, it MAY make a retrace to 788.30, assuming X1 = X2, before it goes up. TP @ 1809.26

In short term, even though it is HHHL, it is a weak uptrend since Y1>Y2 + No Power Up. Despite W&R reversal signal has appeared. TP @ 1904.77

In conclusion, is unlikely it will go up tremendously as there are no strong indicators yet. It may go up a little in ST because W&R reversal signal appeared. But it may turn into downtrend quickly if the next wave is LHLL.