With most regional markets opening higher, this could be a great potential set up of V3Go -GMD formation. From the way we observe the market for the last 60mins, we are quite confident to say that we might see some real selling today which will catch everyone off guard especially after yesterday’s rather surprising upside.

Across the board, many chat and forum are having retail traders jumping into the market to load shares. Some of the shares that only trade 2-3mil shares per day, surged by 300-400% within the same day! Whenever such formation comes into the picture,  there only could be one possible outcome, and thats where players will come into action.

It is like fishing in a pond… at first no one is interested but when suddenly, the news spread that there are alot of fishes to be caught and evidentally, when the first few batches of fishermen caught great deal of fishes… more people will surface out, some new guys will buy fishing gears, get baits and rush straight to the pond, to join the bandwagon but my question would be…. will there be any fishes left for everyone?? Then after fishing for sometime, nothing is caught, these guys will dump their fishing gears, baits and return home, with a hole in the pocket! And the pond will be left alone and waiting for the next cycle to begin, once again. Find that familiar/related to the stock market?

For those, I shared these informations with my graduates:

[9:14:35 AM] 00 KH-Trend Master: Genting, for those who bought yesterday, 93.5cents is the support, if break, must book profit.

[9:47:22 AM | Edited 9:47:33 AM] 00 KH-Trend Master: For those traders who are involved in Tiger, the strong entry was on 5th of March, whereby it broke and ago above DIFF R/L of 1.50. Now it is trading much higher, I suggest traders to book partial profit on it as the V3Go Indicators are showing signs of toppish. I suggest placing at 1.71 as thats where it goes below OP and below the UT TSC of today.

[9:53:37 AM] 00 KH-Trend Master: DBS:
If today, it can trade above 14.14, one can go small long on this counter. Anything below 14.12 is not advisable to buy based on the DIFF S/L level. There is a strong TAOS S/L at 14.06 which was tested recently and rebounded. So this will be a critical level to watch. Overall, despite the STI going higher on the last few days, this counter hardly move therefore I am not that keen to load on this share for the time being.

[9:56:05 AM] 00 KH-Trend Master: Indofood:
If today goes below 2.33, this the time to book partial profit as based on our TSC, the LB IP is 2.33, therefore going below it is a SELL/SHORT call.  So kindly take note.

[10:00:07 AM] 00 KH-Trend Master: Yang Zi Jiang:
This stock have risen a fair bit yesterday and today it touched the TAOS level of 1.22 as DH for now. If this stock goes below 1.19, one should book profit on it

[10:10:33 AM] 00 KH-Trend Master: HK Future EP is around 21230-240,  today OP is 21312 so it opened above TAOS R/L, so going below the range is a sell.

All the above information is meant for sharing purposes. No prejudice and disclaimer apply as usual. Nothing is 100%, the only reason is that we hope by sharing information, everyone can have another alternative view to the market and may everyone WIN BIG in the market.

If you have been monitoring the blog and is inpressed with it and wish to know more about our V3Go System, you can contact us at sales@cronwell.com.sg as we are going to conduct our 32nd Mentoring Program in late March and seats are taken up. If you like to have an installment plan, do note it in your email and our team members will assist you on it. Please kindly leave your full name and contact number so that we follow up.

 For those who paid for the Special Genting Email, please take a look at your email box as an email been sent to you, this morning.

Kelvin Han
aka Trend Master
Chief Trainer
Originator of V3Go System

END: 1036hr

Using our V3Go System, it is getting clearer that we might see the first resistance on the S&P very soon and it should be around 1144~1147 range, using our V3Go TAOS method. 

And if the S&P really cannot go past this range tonight then, we might see some profit taking soon. If the Index can stay above this range, then one should prepare for a huge jump towards 1169~1170 levels.

The potential downside is 1118~1120 range. So the upside is potentially, 25points while the downside is around 26points, quite even but since the S&P been up relatively for nearly 10days, I am not too keen to go too heavy on long side at this point. In fact, I am looking to take a small position on the short side soon as I think a correctional move is near.

 As everyone know, I am still a BULL since March 2009, thus to me, every correction is a great time to bargain hunt while every rally is good time to unload long and take some of the long winnings to short small on the markets; what a Professional trader should do.

 And I believe the timing is around the corner.

Lets see if I am proven right with my system, once again.

Cheers! Have a good night rest everyone!

Kelvin Han
aka Trend Master
Chief Trainer
Originator of V3Go System

END: 2340hr

NIKKEI futures, cannot go below 10565 today. If yes, there could be some selling towards the  10350-10380s level. There is an artificial resistance at around 10590 level.

STI, the potential trading range based on V3Go TSC channel is between 2862 ~ 2830.  From the momentum of the current trend, its very clear that the Index is trying to cover the ‘gap’ at 2850. But some of the blue chips counters are showing signs of resistance for the upside thus I am getting a little worried for the retails who are gaining good profits from trading the 2nd/3rd liners stocks.

Hang Seng Future, there is an artificial resistance around 21243 area therefore this could act as the resistance for this index. I am looking at this Index to retrace back to around 20600~20650 level in the near term shall it fail to go up.

Shanghai Index, I am looking at the Index to re test back 3023 soon.

Crude Oil have an artificial  resistance  at 82.07 while supported at 80.21.  Last night, it brieftly touched it (DL 80.16) and rebound to 81.38.  It may re test 81.75 again or 78.84 between this 2days. Traders must pay attention on this 2 levels.

Have a great weekend.

Disclaimer apply as usual

Kelvin Han
Chief Trainer
Originator of the V3Go System

We are looking at DOllaryen and Crude Oil to trade lower tonight. Potential 89 and 79 level, respectively.

V3Go Traders do take note.

Disclaimer as usual

V3Go Team

In all honesty, I am not looking to go long in any stocks today even though it seem to be the “RIGHT” thing to do now as the market seem to running up 26th of Feb, from a low of 2738 to current 2822. Over the weekend, I was bombarded with questions about my outlook for this week and when I look at the chart, I can only give one advice:

” If I am right, the market cannot go below today’s OP (Opening Price). If yes, I will prefer to be seller than a buyer. “

I have advised my V3Go grads to book profit on their Genting SP since last Friday as there is a strong V3Go Resistance at 91cents. Failure to cross this level by today, will send selling signal on this stock. So traders do take note of the closing price today.

I also just shared with my V3Go grads on the V3Go Skype Conference on DBS:

[9:34:12 AM] 00 KH-Trend Master: DBS

TAOS R/L is S$14.20 and S$14.26.
Failure to cross this 2 levels and close above it = selling pressure.
If ONE really feel like buying, then wait for it at 14.18 today.
Going below 14.14, one can short it instead, based on TSC

After the 25th of Feb strong recover by the Dow, the Index have rallied more than 200points since and seem to be going towards the resistance around 10700s area. But our Indicators are having MIXED signals; not too keen to advise us to go too heavy long at this price as the Risk vs Reward is not worth the trade. One can still go long but should go small or just stay out for the time being. To go short, one should only do that if your RULES allowed you.

For us, the support point for TODAY is 10496. It closed at 10566 on last Friday. So if the Dow actually stay above OP, the next potential level is around 10700s level. If the Dow goes below 10496, then it may re-test 10396.

Last week, during the run up, I shared a stock with my V3Go Grads, and that’s Q&M. Some of us managed to buy it upon my call but it was running too fast for me to update on the blog. I don’t want people to chase after it therefore I decided not to post on the blog.

One last advice for it:

[9:36:04 AM] 00 KH-Trend Master: For those who are longed in Q&M, I would advise you to get out for now.

I will update more as the day progressed.

Cheers!

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

Started: 0917hr.
Ended: 1011hr

Using our V3Go System, the US Crude Future would have to trade above US$80.60 today for further upside.  The potential upside is to US$82.50 area but should it fail then I am expecting is to fall to below US$79/barrel. The chart does look like it is kindof exhausted from the recent run from US$68/barrel level. Take a short term breather should do good for this commodity.

V3Go traders, do take note of the above numbers!

Have a great weekend ahead!

Cheers!

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

Started: 2103hr.
Ended: 2114hr

Based on our V3Go System, there are SHORT/SELL signals on SAR (Straits Asia Resources) and Olam.

For SAR, Short Signal is 1.98 while Olam’s is 2.49.

We are not looking at alot of profit but at least we know today is not meant for going long on this 2 shares as long as they stay below the levels we mentioned above.

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

Started: 1201hr.
Ended: 1213hr

This morning once I turned on the computer, emails and skype messages began to flood in and I was really busy with the replies and sorting out my thoughts on today’s selection.

Late last night, I blogged a ‘Refrain from shorting Genting’ call and I am glad that my call was proven right as now Genting is trading with 61mil shares, up 1.5cents. Want to know how I did it? Come for this coming Tuesday, 9th of March 2010: V3Go Preview at 7.30pm.
To RSVP: sales@cronwell.com.sg

If today, it can stay above 86cents, I am looking at it to test back 88.5cents in the near term.

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

Started: 1113hr.
Ended: 1148hr