Singapore just made the USA travel advisory list... and we have not yet even open borders.
SG just need to first get its house in order, then dreams will work out.
Anyways, I was having a chat about the astronomical numbers (by SG standards) and we looked at the charts. Then we projected where there might be peaking out. Knowing full well that in Indonesia and...
Breakdown analysis of the past weeks on the Daily chart.
So far, this only failed for the KTV cluster, and as observed, is projecting very accurately.
No major measures, not likely to have a deceleration as it continues its trend.
Based on the Weekly chart...
There was NO end to the wave, a slight reprieve, but it was there, clear and present.
Sine the week of 19 July, it was a crossover, one that is significant and not to ignore. On the week of 30 August, the uptick was telling that the trend is real and resuming.
Now SG would really feel it now as the rate is clearly accelerating over...
OANDA:GBPJPY
Higher Time Frame Trend: Bullish
- Bias: Longs
- Wait for pullbacks or break and retest of market structure for entry.
- Entry at 15min TF
- 2 Trade Ideas
1. Trade Idea ( wait for pullbacks)
- As we can see, there is a bullish engulfing candle that broke the consolidation.
- For this first trade idea, we would wait for price to pullback to...
Time for an update...
Singapore is not enjoying it, but it is in a surprise wave. IT should start to taper off, but the tail would be long...
Indonesia was as projected, and appears to be slowing slightly.
Malaysia is the surprise, as instead of tailing off, a new spike over the last three weeks emerged and the trajectory indicates higher levels over the next...
Like a bad zombie movie, the unexpected happened. The start of July appeared as if all was going well, and then suddenly, a new cluster was discovered and the depth and width of this cluster spread was far deeper and wider than anticipated. The model did not pick up this incoming, and for the first time it failed to. This has significance as it is an anomalous...
Singapore COVID-19 is on a downtrend, albeit a potential small spike due to some infected hostesses may have affected a number of people. Not the most flattering of ways to get a spike. But it is tapering off for now...
UK on the other hand, eases its measures today, but leaves me wondering IF anyone is even watching the charts, or doing any statistical studies....
Notes state my thoughts on the matter. I could see price being supported by the LR mean if a roll over does occur.
There is SPECULATION that Abaxx may be awarded its clearing house license over the coming week. This may provide the catalyst to push Abaxx out of its DTL. I am holding long shares and looking to see some tight price action in the +3SD channel to...
DBS, the biggest component of the STI, appears to have great downside risk.
Breaking below support of 29.60, after a lower high, means a lower low is put in place.
The weekly chart already had a Bearish Engulfing last week, and this week (left with 1.25 days) closing down below 29.60 to end the week would be another toppish candlestick pattern called the Three...
Finally! The MACD histograms are heading further down, suggesting that we are moving into the clear and probably have control over the current wave. The week is "over" and weekly chart documents a retrograde. Looks like we are coming out of this on June 13th!
Looking at the weekly charts...
1. All, except ID, are increasing in Wave 3, with differing levels of acceleration.
2. ID may be having an uptick...
3. SG's momentum is still strong for another two weeks at least.
4. Both My and TH have strong momentum to further increase. MY's situation is bad enough with TH's situation being worse.
Overall, the three...
As projected, and not optimistic and overconfident about the downward momentum, the MACD Histograms are again increasing, and about to break above zero. This leads into the insight and foresight that the week to come should see more detected cases, and also more clusters probably.
We need to understand that virus infections work in waves, and this method allows a...
This is an analysis for a client.
Technical indicators showing room for further bullish momentum.
Please do your own due diligence.
This is for analysis purposes only.
Losses can happen so please understand your risks and investment objectives first.
An update to just say that the numbers are really looking really great now, with the MACD histograms falling and going below zero, not only for the Daily, but also for Weekly chart (not shown here).
Now, to wait and see the next week or so, if it flattens or starts increasing again...
Having said that, our neighbour, Malaysia, is undergoing a huge resurgent...
TICKER CODE: S51
Company Name: SEMBCORP MARINE
Industry: Singapore Stocks Producer Manufacturing Trucks/Construction/Farm Machinery
Position Proposed: BUY
Entry: NOW READY (0.175-0.190)
1st Partial Take Profit: 0. 465(August-October 2021)
2nd Partial Take Profit: 0.655(Early-Mid 2022)
Note that timeline buffered, I would expect Full Take Profit by Early...
While the weekly chart still show some momentum, the daily chart has plateaued as expected (from update III) and the MACD histograms have started to decrease. This means that as we grapple with the current situation, with a pseudo lockdown, the effects are observable as we catch up with the curve. This downtrend needs to continue consistently for the next two...
