2743 will the Magical Number that we will be watching for today.
Posted by admin in Market Analysis, Trivial of LifeGood Morning,
Last night, after returning home from our 31st V3Go Mentoring Program, I received a call from my dad and was notified that my aunt and her daughters were involved in a car accident. Immediately, my parents and I rushed down to the location and saw the pretty messed up scene.
We rushed down to the hospital to check on them and can saw my cousins were still in shock while my aunty in the observation ward. When I find out more details from one of cousin, it was then I found out that it was due to the indecisive taxi driver that caused the accident.
Because of his moment of folly on the road, he caused so much problem, worry for everyone. I really hope that he will learnt his lesson from here. I will pray for my aunt speedy recovery for now.
Being decisive is the key element to success to many things in life and that include during work, relationship, love and friendship etc..
For trading, it’s the same, especially in the context of V3Go teaching. Using our V3Go technique, the STI have a Resistant Level of 2743 to watch today. With the Dow reversing a 120points gains to close negative, I doubt the Index will open higher. Most likely, it should open around 2730 level. The support level for today is 2706. But if the market can really go above 2743 today, then watch 2752 as the next resistant level.
Based on the chart formation and our V3Go teaching, its a cluster formation of 2 SHP therefore expect initial volatility in the market today.
Should the market stays below the OP of today, I suggest traders to hold back their buying first.
I will provide more information as the day goes by.
Have a great trading day ahead! Make more money!!
Disclaimer apply as usual.
Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
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