Market View and Potential Trades to Watch today.
Posted by admin in Futures Pick, Market Analysis, Stock PickGood Morning,
today, would be interesting as most likely we will have initial volatility in the market causing some confusion to the traders first.
Here is what I shared with my graduates in the morning… primarily for the Futures Traders
Morning,
[7:14:35 AM] 00 KH-Trend Master: NIKKEI – the closing is below the UT TSC for today therefore, if the market goes below OP, there could be some selling BUT both the 2 indicators are supporting the upside therefore; If the market stays above OP, then one could long based on DIFF but once it goes below OP, one can cut and turn short.The Dollaryen is trading below OP, slipping towards 86.50 level therefore most likely NIKKEI may open and trade lower first.
[7:17:15 AM] 00 KH-Trend Master: For SIMSCI today, as long as it stays above 354.7 and above OP today, traders can still go long on it. But Indicator closed at the extreme zone, therefore, do expect initial profit taking first since the Dow and ES both closed lower overnight.
[7:17:53 AM] 00 KH-Trend Master: STI should be re-testing 3002 TAOS R/L level today
[7:20:57 AM] 00 KH-Trend Master: HK Future, one must look at around 20979 level as thats the LB of the UT TSC. The market closed at 21068 yesterday and Indicator is maiden crossover towards the downside thus may add some pressure on this market today.
[7:22:37 AM | 00 KH-Trend Master: Taiwan TSC is a Parallel therefore above the UB and above OP, its a long. Below the LB and below OP, one can short. In between, based on TSC, do nothing.
[7:24:11 AM] 00 KH-Trend Master: S&P must go above 1109 for more upside, if not, below OP, its a sell based on TSC. S&P also closed below the DIFF S/L and the Indicator is a maiden downside crossover
[7:27:38 AM] 00 KH-Trend Master: Shanghai, 2642 will be an interesting level to take note for this market. The Indicators came out mixed. DIff is calling for more upside but the other is calling for a maiden downside. It was resisted at 2655 TAOS R/L yesterday so unless it can go up above this level, it can touch the 2673 level.. if not, this market may go into profit taking mode.
[7:28:37 AM] 00 KH-Trend Master: With that, i hope everyone would have a wonderful trading day ahead!
For SoundGlobal, I am looking at this stock to hit 85cents today while HK Genting (US$) may hit 0.26 by next week.
This is Kelvin Han, V3Go System Originator, signing off, cheers!
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