Good Morning,
Many people have register for our mailing list after seeing our advertisement on it. Thank you for your trust and encouraging words on those emails. We will do our best and give good market direction to our best ability.
To join our emailing list : sales@cronwell.com.sg and provide full name and contact number. We will not accept shall the details are not provided. Please kindly take note of that. Thank you.
We are receiving good number of people registering for the 9th of March Preview, and our seats are really limited, therefore please kindly register with us at sales@cronwell.com.sg so that we can ensure you have your seat for that night. You may bring as many friends as you like as long as you register with us, with full name and contact numbers. Thank you.
For today market direction,
I am still staying bearish for thetime being as I see many uncertainty and unbalance on the currency and commodities market.
Today I am looking to long the Pound after it was sold down recently. But using our V3Go Currency System, today Pound is a TECHNICAL LONG; meaning one can buy for 50-100pips profit target from 1.4976. It may even challenge 1.5180 level shall it can maintain its upside for the next 2-3days. Now trading at 1.5050 level. Support at around 1.4950 level.
For the regional stock market, these are comments to my grads online;
[10:05:02 AM | Edited 10:05:31 AM]
Once STI is also below OP, Market is coming Down based UT TSC with a negative ROC.
[10:05:25 AM | Edited 10:05:31 AM] 00 KH-Trend Master: One short HK or buy PW
[10:09:43 AM | Edited 10:09:46 AM] 00 KH-Trend Master: All grads, take note on the STI chart.
(1) The STI opened outside the UT TSC therefore this is the first signal that the market is not able to continue its upside trend
(2) It regained composure and rallied to go into the TSC which the IP is around 2780.
(3)There is DIFF R/L at 2782 and the STI index tested it and hit a current high of 2786.
(4) Now its back down to below OP, meaning it have tried to go up but cannot, faced resistance and sell down. This the classical sell signal in V3Go context thus traders are to take note and watch the OP; as if the market cannot recover above it, then i am pretty sure that there will be a correctional move down back to 2749 level. So kindly pay attention to the above numbers and hope you benefit from it. Cheers!
I am bearish on the 3 local banks today, especially DBS as there are 2 key resistance at $14.26 and $14.20. Failing to break above these 2 numbers, should see it trading back to down to near S$14.00 range.
Crude Oil recovered yesterday but still trading below the all important psychological barrier of US$80/barrel. There is a V3Go TAOS resistance which was tested and failed to close above. This could mean that the Crude Oil price may come down again. My advice, temporarily stay out from CPO stocks for the time being.
All the above analysis are based on the knowledge imparted via our V3Go System, which can work effectively & efficiently on Stocks, Index Futures, Currency and Commodities.
To know more, do register for this coming 9th of March 2010 V3Go Mentoring Program Preview. See you all! RSVP: sales@cronwell.com.sg
Disclaimer apply as usual.
Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
Started: 1022hr.
Ended: 1101hr