The SPX 500 is bullish on all time frames has closed at 4124 on 090420 since the long signal was issued at 4012 on 010421 on the day charts. Reference to Fibonacci Levels, 4124 was exactly 1 level from its low at 3855 and the next level is 4291.
Long signal above 3933 for 4291 (FIBO 1.618) and 4560 (FIBO 2.618)
Short signals below 3933 for 3919 and...
With all time frames bullish supported by 70% of its major components in a bullish multi time frame uptrends (refer to the STI Matrix), the STI approaches the upper end of its 10 year channel at 3406.
The STI has been broadly in a trading range between 2300 to 3400 since 2011 and a break of the lower range of 2300 was tested in the pandemic drop in feb 20 which...
PLTR touched a high of 44.89 on 21/1/21 and has since given up 66% of its gains. Short term sell signals were issued on the 16/2/21 targeting the weekly pivot of 17.64.
17.64 must hold for the uptrend to resume in the medium term to retest the high.
Short positions below 26.03 to test 17.64 and 8.13
Long positions above 26.03 to test 26.97 and 29.61
American airlines has been on a Long term downtrend like Singapore airlines since October of 2018. The pandemic accelerated that downtrend to a low of $8.25.
A long signal on 9/11/20 at the price of $12.70 targeted the monthly pivot at $28.27
As we approach the rebound target, the daily support will play an import pivot as an over head resistance in 27 month...
Following my last post, the daily Supertrend line at 4011 was broken on 010421.More significantly, the SPX starts of the trading month of April 2021 positive bullish in the long term since the bullish breakout of the Supertrend line at 3654 on 011220. The disposition of the SPX 500 is now BULLISH on all time frames.
Attach also is the Fibonacci Extension...
The STI establishes a new uptrend on ALL TIME FRAMES after it closed at 3181 with a significant break of its long term downtrend on the monthly Supertrend resistance of 3108.
Referring to my STI Matrix table, the stocks that are on multiple time frame UPTRENDS include JMHUSD, UOB, DBS, OCBC, VENTURE, SEMBCORP IND, ST ENG and MAPLETREE COM TR. These are the...
A strong rally towards the last 4 hours of trading in the US SPX 500 pushed short term indicators back up with a long signal now at 3950 on 270321 with a task of breaking 4011, the supertrend overhead resistance on the day charts. Long and medium charts looks poised to close of the month of March in record territory.
Long positions above 4011 for new...
All short, medium and Long term trend time frames of the STI are pointing up after the breakout of 3108 on the monthly Supertrend line. The STI is now on wave 3 of the daily buy signal issued on 041120 at 2506. The current upside target will be at 3188 that coincides with the supertrend break on the weekly charts on 150519 and 3406 on 050218 respectively.
The break of $3.63 from the long signal at $2.74 on 101120 has materialized with a strong close at $3.85 on 260321. The upside target is now 4.60 that was the level that Capitaland broke down on 010828 from its highs of 7.27 in 020407.
STI PROPERTY OUTLOOK : CAPITALAND & CITY DEVT 301120 (quantstrategic.com.sg)
Short term UPTREND since 101120
The STI has broken its Long Term downtrend that started on the 1st oct 2018 with a break and close above 3108 to be confirmed when the monthly candlestick closes in another week plus.
3108 was the supertrend pivot resistance on the monthly charts that defined the downtrend for almost 26 months.
Long positions above 3050 to target 3411 3664
Singapore Airlines broke the long term downtrend that started in Aug 2015 with a close at $5.70 surpassing our target at $5.46.
Long positions above 5.27 target 5.75 and 7.05
Short positions below 5.27 target 4.91 and 4.63
Long Term UPTREND since 190321
Medium Term UPTREND since 161120
Short term UPTREND since 051120
The short signal from 3812 issued on 260221 persists with the SPX closing at 3909 into the end of the trading week of 190321. 4011 must be broken to the upside for the medium and long term UPTREND to continue. the weekly pivot at 3554 remains strong support for a bounce if price corrects further beyond 3720
Short positions below 4011 to test 3828...
The buyers on the dip at 3725 on the 5th of March staged a bounce with a long signal at 3870 on 080321, setting an intraday high of 3959, 41 points short of 4000. The overhead pivot resistance on the daily charts at 4011 seems to be within reach next week.
Short positions below 4011 targets 3878 and 3554
Long positions above 4011 target all time...
The STI closed on an intraday high of 3116 on 090321. The break of the monthly pivot point of 3108 will reverse the downtrend of the STI since 011018. The strength of the banks, Jardine, SGX and Wilmar may support this climb in the short term.
Long positions above 2995 target 3108 and 3207
Short positions below 2995 target 3041 2843
Bitcoin broke $1000 on 010217 and hit a high of $19,666 by 011217.
It took a breather for 18 months and then broke out on the month of June 2019 at $9528.
After holding the base support at $4000, a buy signal was issued on the daily charts on 111020 at $11,353 targeting its ATH of $19,666 (011217).
It broke through target on 161220 and established a high of...
SATS is bullish with a buy signal on 020221 on the 4hr at $3.95 and the dailies on 080221 at $4.05. The medium term trend is up since 091120 last year with buyers pushing price above $3.40 to test $4.55, the pivot point on the longer term monthly charts.
Short Term Trend UP since 020221
Medium Trend UP since 091120
Long Term will turn UP if we break and hold...
The SPX is going through a short term correction at 3928 on 170221 targeting the Daily pivot at 3810.
Long Term trend UP since 011220
Medium Trend UP since 010620
Short term Trend UP since 040221
Long positions above 3810 targets 3952 and All time highs
Short positions beloew 3810 targets 3554 and 3442
The STI settles within a range between 2925 and 3020 with relative strength coming from the banks stocks like DBS, UOB and OCBC together with some interest in SIA and SAT shares providing some support.
The short signals on both the day and 4hr charts are still valid on the 26/28th feb.
Long positions above 2989 to break 3020 and 3108