While trying to avoid posting any Elliott Wave analysis on Keppel Corp as it is part of the investment portfolio, the finest and precision is almost a near perfect textbook scenario in its Elliott Wave analysis compared to rest of the listed stocks in SGX just worth archiving down. Perhaps, there won't be another listed stocks in SGX that have that kind education purpose.
Firstly, need to look at Supercycle degree to determine which Supercycle it is currently in. The usual criteria applies to eliminate and narrow down possibilities.
1. Supercycle degree corrective wave shall occur in economic recession scenario
2. Supercycle and Cycle degree corrective wave shall occur in severe weakness in company or industry fundamental
Wave Count 1 (Black)
Supercycle Wave ((1)) peaked in 1996 and Wave ((2)) ended in 2001 due to AFC and dot.com bubble. This was largely different from majority of ......
4.5