Hong Kong Index We are seeing a very potential early signs bullish rebound. If all works well, it can swing back to 29280 and eventually 30200 region. I am NOT with the BEAR anymore. Press "Like" and "Follow". We will help you become a better trader Sonic Disclaimer: The information contained in this presentation is solely for educational purposes and...
DBS Slight Bearish, some signs of bull but it shall go lower first. $25 seem to get a good support to build. If you want to time properly, I will suggest you wait for the time being as the flushing is not done yet. I expect bank stocks are to go alot higher in the future such as 1 years or more horizon. Press "like" and Follow. Sonic Disclaimer: The...
Gold I am Slightly Bearish. We are in the strong downtrend for the past 3 weeks and I am expecting the danger of rebound is getting real as more and more joining the sell side. If there is any rebound, it can travel up to 1269 to 1279 region. If you want to short, wait at these levels (or) you can cautiously long toward these levels. We use FOMC and it will...
As the trade war between US and China intensifies, general markets in Asia get the ripple effect too. STI has dropped around 5.40% and is now trading around 3300 region. If you're feeling worried because of this drop, you better be. If you're feeling happy because now you think you can buy at a cheaper price, you better don't. Now, why do we say so? If you're...
UK Stock Index Now it is at decent double top, around 7800 region and now bears are clawing back. If you have long, try to take profit for now as it can go lower for now. The immediate support is near 7720 and it may get go to 7575 level. DO NOT LONG now. DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation is solely...
Oil We had an abrupt sell down last week, and it is under strong BEAR trend. So, I will say "Sell" side is a better bet as an immediate term and it can swing to a nice and strong support level such as $63.8 for now. In the medium term, I see 59 to 61 will be a very strong support region and the price will have have a very hard time breaking down from that...
GU Now,it is under the bear influence for sure. The only thing that Bull can look out for is 1.32 support region. So, we need to see if it holds. In the short/mid term, I suggest you not to have high hope on the long/buy side just yet. We have to see a lot of swapping first before it can start to turn bullish. Until then, I am slightly bearish on GU. DYODD...
Gold I am Slightly Bearish. We have a strong sell down on the last Friday on tariff news. What it did was, it retested a strong support area of $1,274 region. In the coming week, I expect there will be big sideway (or) slight bearish movement to come in first. The next nearby decent support level is $1,270. There shall be a movement with Powell’s speech...
The price broken support. Wating, the price re-test resisitance. price action confirmation !
The SGD/JPY exchange rate is moving in an eight month descending channel. The pair tested its bottom boundary near 79.60 late in March prior to reversing its sentiment and reaching the other boundary last week. Strong upside risks prevailed in the market on May, thus sending the pair 1.5% lower within a couple of hours. As a result of this plunge, the Singapore...
USD/JPY We are seeing serious Bearishness on the pair for the past 2 days. In fact, this pair is highly correlated to stock markets. If there is any Risk OFF mode is on, this pair should slide. I am expecting it is just a beginning and the slide is to continue. We can look at 108.7 and 107.9 regions as decent support levels aka take profit levels. DYODD and...
Ezion. We are seeing a lot of "unusual" activities in Ezion. I am expecting we may see a rapid rise soon. As long as it is above 0.07. We have a chance to rise back up. I am expecting it can go back as high as 0.13. You may want to tip and toe into it. All the best. DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation...
DAX It is in a nice medium uptrend but we are seeing some bearish price action in H4. It should the potential swing down to a good support may be on the way. I am seeing 13000 level as a good TP level aka support. DYODD and Trade Safe s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not...
Did the chart just signal the change in Malaysia government before it even happened? Just for fun :) Perhaps we can use the chart to forecast the next election result in Singapore too!
I am Bearish. We have been in a range since last January and sooner or later, it has to break out and it is going to be big. I am expecting it is due for a good down side and now the PA is starting to support the bear view. But do not hurry and rush in as the traps are still everywhere, We have ECB on Thursday and it is going to be big. Level to watch:...
USD/CAD 1.2870 is a tough nut to break but soon it shall get broken. It is like the invaders trying to break the city gate. For now, the bulls do not seem to get enough energy to break just yet. So, wait for a right move and I am expecting it shall rise up higher soon or later break out from 1.285. DYODD and Trade Safe s0nic Disclaimer: The information...
Dow Jones. We have a decent bounce from the support region of 23,850 and that regions have become strong support now. We might see the move higher for now with 24500 and ultimately 24,888 in mind. 24,888 will be a strong resistant to crack and the market shall not get past that easily. A Swing High shall unfold for now. DYODD and Trade Safe s0nic...
We should look at the development in China stock market. When many people are still in denial stage, we have hit our first TP. It is due for a decent continuous sell down. For now, it may rebound back up to 13,221 level but it shall go down a lot further. I am looking for short only at this moment. Trade Safe s0nic Disclaimer: The information contained in...