Bi-Weekly Review on Strait Times Index (March 2019 - April 2019)
- Singapore Stocks start the week higher on this monday (April 1) with advancing 19.18 points points, or 0.6 per cent
- Markets are bullish but the volatility is higher for the past 2 weeks
- Market Catalyst affect several area : Australia, Japan, South Korea, China and Hong Kong
After Weak earning stock fall sharply and made low around 2.60.To consider downtrend is over stock have to close and trade above Level of 2.72.
All major Exponential Moving Averages are still pointing downwards. Fresh Down ward momentum picks up when stocks close below 2.60 and open downward trajectory till 2.50
CMT has been accumulating for long time now and should breakout in coming week.
open a position only after it breaksout.
Do share your opinion about my analysis and hit a like if you agree with my thoughts.
China/Asia break support and head lower as the debt contagion continues to spread in SE Asia. Watch how this debt/credit issue expands across SE Asia, South America and across the One Road project countries. My assumption is that China is using every resource possible to prevent this type of contagion event from happening now with it having "fingers in every...
ASX 200 started a new five Elliott wave structure after the completion of correction in Februrary 2009. It has since completed four waves on a monthly scale and is now running upwards in its fifth wave which is likely to terminate around 6800 and go down to around 4500.
Why do I think so?
If we zoom in in the period from February 2016 when the fifth wave started,...
The breakdown in my China/Asia custom index appears to be accelerating downward. I called this move over 4 months ago as I saw economic issues playing out in China that could be dangerous. With Malaysia's new PM, Mahathir, pushing to expose corruption and graft from locals and Chinese investment firms, I expect continue news to POUND China over the next 12+...
Many believe India and China are the future of retail.
Wal-Mart seems to agree, and on 5/9 announced a $16 billion USD bid for a 77% stake in Flipkart, India's premier online retailer.
Wal-Mart paid up to beat out Amazon for this exposure to Asian retail. Will it be worth it?
Luxury retail is in great demand but everyday retail is struggling, especially in the...
We've seen a failed retest of the 10k support und bounced up to 11,2k. The next movement will come within the following hours, as asians are entering the market again and we might move above the 11,2k zone or get a dump and retest the now even weaker 10k support line.
I recommend staying calm and waiting out further movement, since this one could go both...
News surfacing amongst South East Asia and their plans to ban/control Bitcoin related exchanges and their effects on laundering etc. If the situation in Asia causes FUD, we could see a retrace to 8k~.
Please feel free to comment any advice.
Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of custom adaptive volume indicators and Oscillators that properly detect trends very early and provides exit signals at dynamic S/R zones once the trend has...
Trading method: RSADVANTAGE Stage 5 system setup 95% accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends. This system is made of custom technical indicators that properly detect trends very early and provides exit signals at the possible dynamic S/R zones.
Forget about Potcoin, Dash is for you pot heads out there!
But also for your regular joe, Dash is penetrating the market from most angles.
While I am writing this up something came along and I need to go, so will have to fill in my thoughts on Dash's fundamentals later. I'll post a comment later on.
Same as above.
Buy - 470...