2806 will still be the number that we are using to gauge today’s market.
Posted by admin in Events and Advertisements, Futures Pick, Market Analysis, Stock PickGood Morning,
Honestly… waking up this morning was alittle hard for me (woke up at 8am.. normally 6.30-7am) as finally I had my ‘beauty sleep’ yesterday as I was triple busy doing(1) Replying to the many emails that I received over the weekend (2) Re-organizing my slides for tomorrow’s preview (3) Watching the horrible World Cup ties… (Feel like murdering the highly over-rated France & England Team…hahaha)
Later, I will be compiling the Questions that people have for me to answer. 
For today, I am looking at 2806 on theSTI as the 1st point for my strategy story board. As I am writing, the STI hits a current dayhigh of 2811 and now trading at 2805. I shared with my grads that if this STI fail to stay above 2806, one can load alittle of the STI Put Warrant, which is trading at 25.5cents. (STI 2850BNPePW100729 0.25/0.255 last done 0.255)
Reasons?
Because SIMSCI also hit a technical level based on our V3Go System and it is currently treading around that level. I strongly believe that if the market fail to stay above it, we should see some profit taking fireworks later. Taiwan Futures market is already displaying that. I believe that HK Future will also follow suit if breaks below 20,000 once again.
For those grads who followed the conference and bought Swiber, 3 trading days ago, you can take the last portion of your position at 97.5 for today or ensure your trailing stop to be place at 94cents.
For those entering the Warrant, please take note that if the STI fail to stay below 2806 today, one can take the option to reduce or cut their Long position on the Warrant because if the storyboard reason have changed, one shouldn’t continue to hold it unnecessarily. Please kindly take note as Warrant is high leverage product therefore the winning and losses are equally tantamounting if one fail to establish a good and proper money management.
A good Trading PLAN is NOT all able getting success or profits from the market… its also about not losing too much that you cannot return back to the game to recover what you lost earlier.
Disclaimer applied.
Kelvin Han
aka Trend Master
V3Go Originator
EVENT: For tomorrow’s preview, we are near 70% booked! So if you are intending to turn up but yet not register, please kindly do it now so that we can confirm your seat. We have several previews in the past which were packed and some of the people who turned up late were forced to stand until more seats were brought in. Some even stood there for hours because of late/no registration with us. So kindly do it now at Sales@Genesismgt.com.sg
See you tomorrow!!
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