2 days ago, we forcasted that the US market will rebound and indeed, we saw the Dow rose above 10,000 overnight on strong buying by the financial sector. The Dow and NASDAQ, both up more than 2.5% respectively.

This is yet another incredible ’LIVE’ showing (No Hindsight) that V3Go System does have the ability to lead traders to enter the market before the movement comes in.

We called for BUY since Monday,  5th of July, on both stocks and futures market while many stayed skeptical. Many people always have concern on how we predicts the market but once they join my course, they will see the point from the many many examples, case studies that I always share and show.   I strongly believe that I do have the winning strategies to enable traders to profit from the market as long as they have (1) The Capital (2) The Patience (3) The Right Mindset (4) The Discipline.

On Tuesday, while the general market was looking to sell, the 20 odd V3Go Grads with me were loading heavily on the long side instead. And by the end of the day, all of them made MINIMUM S$500/pax. Some of them crossed the thousand mark.

Highest earner for that day was near S$4000, using a capital of less than S$20,000, or near 20% return within ONE Single Day!

Although I have stopped giving class/previews for 2010 because of a new career move but I am still open to conduct 1-1 Mentoring on weekday evenings or weekend, shall my schedule permit in August. I do have credit card installment facility.

To know more : Contact me at Kelvinhan3088@gmail.com for more details. I will get back to you on more details.

With that, for today, my take is book profit from the buy calls that we have since Tuesday and wait for a while to see how the regional Futures market react. If they stay below the OP of today, I will not suggest one to go long in the market. The Risk vs Reward is just too high. Rem, we trade to WIN, not trade to trade.

Hope that you have a great trading day ahead!

Cheers!

Kelvin Han
V3Go System Originator

During one of the preview, a very nice young lady asked me this question after my preview;

Kindly give me 3 good reasons to join your course and if its good.. I will join it.

I thought for awhile and this is my answer, with no additional marketing gimmicks…

My answer; I am just a pretty Good Trainer.

I, have a been a trainer  for more than 11years, trained more than 3000people over the last decade, from all walks of life, from Singaporean to Chinese PRC to Malaysian to Indonesian to Hong Kongers to even  Taiwanese thus I can relate very closely to people’s requests, concern and most importantly, their psychology aspect towards trading. Every trainer, training school can say they have better techniques than the rest… but for me, I think if the Trainer can understand the student well enough and cater to their needs then even if you passed the best techniques to him/her, most likely he/she may not grapse it properly and lead to more problem. 

Every student’s name, I will make the effort to remember and remember their strength and weakness and from there, I will devise a plan for them with my techniques… because some are very fast and quick with understanding but not so good in application while some are slightly more impatient and do make rash decision in trading or while some are more afraid into putting trades in as they need more assurance from people like me… so many types… thats why I focus on HAND-HOLDING individually so that they can get the best out of me. In my post course feedback, in terms of Patience and Deliverance of my techniques, my average score is 9.5 out of 10. 

So its not whether the S$2888 that you pay is worth it for the techniques but its the effort that the trainer puts in to ensure you benefit from it is the most important in my opinion. I am a guy who offer (1) Direct Skyping Facility, YAHOO or MSN to Contact Me  (2) 9-5 Skype Conference with the Seniors (3) Direct Emailing Contact  (4) My Personal Number for my Grads to Contact during trading hours. (5) Short 1-2hours coffee Meet-Up sessions without FEE 

All my grads know that I always ensure alot MORE Things to share whenever I meet them and always READY to give for nothing asked in return. This is the Real Deal… Kelvin Han, was The Youngest Trainer in the Industry.  

( The above is a very nice place for good aromatic coffee. Its situated at 3 Temple Street, next to the Hindu Temple. Nearest MRT Station; Chinatown )

And last… I have been writing market calls, commentary, blogging and giving training since 1999…. I have a loyal fan base of more than 5000 daily readers online… and 3000 people in my mailing list…  and trained 33 classes since 2006 without a SINGLE Advertisement in the Papers… i think all these tells you something right?… I leave the WISE decision making back to you…

…..

That student???
.

.

.Of course, she signed up on the spot and paid S$ 2888 the next day… and she is in my Skype Conference now.

So how about you? Contact my Event Organizer at Sales@Genesismgt.com.sg and ask to speak to Eve directly. She will clear all your doubts about the course. And if you wish to speak to me directly, do highlight that in your email too.
I will return call as long as you leave your contact number in that email. My program is on this coming weekend, Saturday and Sunday and it will be held at one of the reputable hotel in Raffles Place.

Hope to hear from you.
And allow me to confirmed… this is no marketing gimmick… this is indeed probably my last course for 2010.

Cheers!

Best Regards

Kelvin Han

3weeks ago, you can see that I am super bearish and been calling for sell in the market but of course, many thought that I am out of my mind as the market keep rising and the market shows no sign of weakness…

On 16th of April when I mentioned that the STI cannot lose 3000 mark. If it does happen, there will be some selling and stocks may even go down 7-15%.

It all happened by last week…

Then mid week, I called for LONG while the market is in one of the worst selling for months and again, I got feedback that I am being silly and ‘incredible’ in the market… but once again, this morning upside proves everything.

I am not trying to boost here but all calls were made with great number of hours of analysis and research and thoughts. Putting a call into the market is not easy especially if your calls are read by thousands everyday.

How did I do that?

It all boils down to my trading experiences and the V3Go System that you learnt. I don’t have new or other techniques.

I have shared almost everything i know in trading with my grads…

Now its back to my grads to see how they can use the techniques to see what I see in the market and feel the pulse of the market.

Everything happened for a reason including last week’s Dow 1000points dip. I don;t believe in coincidence in trading.. I believe that as long as SEC doesn’t change the chart of the Dow.. the drawing on the chart with our V3Go system.. the upside crocodile formation, the diff formation, the TAOS, the DIFF shows that we should be going LONG while others thinks the opposite…

I hope everyone can make good money from the market today!!

Cheers!

Based on the response and Full House turnout, it clearly shows that many graduates still have trust in the system but just need a refresher to fine tune their skills in the application of the V3Go techniques.

Since late 2006, the V3Go System has undergone an enormous evolution process. Much of this is thanks to good, constructive feedback and suggestions from graduates themselves. This I believe, with all my heart, is because of graduates like you who truly believe in sharing and caring for one another.

The brainchild of this Refresher program was graduates themselves who felt that it was not the lack of technique or understanding that stopped them from using the V3Go system but more the lack of time and practice. This hampered them from using or applying the principles in the correct fashion. Then, over time, this became a question of being too shy to ask.

From your happy faces and satisfied looks, especially after the segment on the SPECIAL Case Study Patterns using V3Go techniques, I am confident many of you are going to STRIKE Gold soon, especially when these patterns next arise. I believe this time, when the patterns appear again, you will recall clearly what you have learnt and will go for the ‘KILL’. Should I come across any of these patterns also, I will share it with you!

Now, with the STI trying to cross the 3000 mark again, it means the Index has risen more than 100% since early March 2009. This rise has taken place without any real breather or correction. We are now just 900 points shy of the all time high! In all honesty, I think it’s time to be wary and watchful, especially since most of the shares in our local market have risen to rather high P.E (Price Earning) values as compared to its low in April – May 2009.

Recently, there was a report of the increased funds being channeled into the Emerging Markets. And there is a pattern. The pattern shows that over the last 10years, this may actually create a potential short term correctional movement.   

If this pattern does come true, then there could be a chance that we’ll see some midterm selling in the equities market. The way to profit from this would be to SHORT the Index. This can be done if you possess a Futures Account.

Since 2009, we have conducted 5 V3Go Futures Programs and I must say, some of the V3Go Futures graduates have done very well after the program. We have witnessed graduates making S$1000 upwards to S$7000 in a single week of trading!!

On several other occasions, some of our futures graduates made a profit of S$400 even before the Singapore stock market had opened trading for the day. This was done using a futures account funded with a capital of $3,000 and trading SIMSCI and NIKKEI contracts. Imagine, making a profit return of 10% in less than an hour, and all this even before our local market had opened. Incredible and mouth watering, isn’t it? ;-o

So I think this would be an opportune time to learn how to use Futures to hedge your stock portfolio. You could use Futures to trade for potential daily pocket money. Shorting the Futures would also be one way to create a steady stream of income other than just buying or investing in stocks which may not be such a good idea if Papa Bear comes into play, especially taking into consideration the May effect: ‘Sell in May and Go Away’

The V3Go Futures program will be over 1½ days and you will be entitled to a V3Go Futures Conference after you have completed the program. That’s where we share with one another our daily thoughts and even our winnings!

So don’t hesitate further, contact us at Sales@Genesismgt.com.sg to register for our upcoming V3Go Futures Program – 06^th Intake!

Remember, the real power of V3Go methods is about pattern recognition and since your other group mates are striking GOLD on the Futures market, isn’t it time for you to join them and may all of us, HUAT big time, together!

Programe for the future/forex course

Day One, Friday 21^st May 2010

1830hr : Registration.

1840hr : Dinner

1930hr : Start of Futures Program

The Basics of Futures and Forex, V3Go Application

(i) The Basics of Futures and Forex
(ii) What are futures?
(iii) Value per tick of Futures
(iv) Opening timings
(v) Market Characteristics
(vi) Application of V3Go and uses on Futures Charts
(vii) Step-by-step application of V3Go Theories to FOREX and Futures markets like SIMSCI, Hong Kong, S&P and Dollar-Yen markets

2100hr : How to use the 5min chart to trade the market / Observation of the US markets; the Stock and the Forex market

2130hr : Q & A Session

2200hr : End of Day One

Day Two, Monday 24^th May 2010

Using Futures to trade ‘live’ session with the stock market

0800hr : Breakfast

0815hr : Market Preview/Analysis preparation

0830hr : Trade the SIMSCI, using the 5min chart to find possible Top and Bottom

0900hr : Use SIMSCI to trade the Stock market

0945hr : Use Hang Seng Future to cross check with the SIMSCI and stock market

1230hr : Market Review

1245hr : Lunch Time

1345hr : Market Preparation

1400hr : Trading Day continue

1700hr: Market Review and Q&A Session

1730hr : End of V3Go Futures Program

Fee S$800.00 (You will be invited to the Futures skype conference upon full payment)

Your sincerely,

Kelvin Han
Originator of V3Go System
On behalf of the V3Go Team

Yesterday, we had our regular Trade ‘Live’ session with our V3Go Grads and boy we have a tough day trading. We shorted Taiwan, NIKKEI and SIMSCI. Taiwan gave us 2 round of profits, easily US$250 for the day. NIKKEI’s trade we ended flat and for SIMSCI, we ended with a small loss.

Overall, we had a good day as we shared with another more stuffs about intraday trading.

But before the Grads left, I told them that Wednesday, 24th of March will see a more directional day (meaning market going towards a single direction) and they should capitalize on it. And if I am correct, we should see STI Gapping UP first and then SELL Down.

Later in the night, we had our V3Go Preview cum Genting SP Special and I expressed 2 schools of thoughts to those who attended. I am bullish on the 3Q and 4Q of 2010 but I am bearish on the 2Q. I believe that we have seen the resistance cyclical high at 2932 level and should see some correctional movement back down to 2850 first. Currently, it is trading at 2911. So I advised my grads not to go too heavy on long side especially if they are trading on speculation (contra). If you have seen my drawing on Genting, 2-3days ago, it clearly show that I am looking for this share to trade LOWER first after the important 97cents resistance failed to break above.

For those who are in my SPECIAL Genting Emailing Group, do wait for my next update but meanwhile, kindly reserve your ammo first.

Obviously, with 2 trade ‘live’ session and preview in a row, me and my team members are definitely exhausted so other than SHORTING the Future market especially SIMSCI, NIKKEI and Crude and the CPO stocks, like Noble, Indo, Wilmar, Olam etc, we are not doing anything else.

Of course, nothing is 100% but since we have our time tested V3Go System on our side, we believe we will be the profitable side by the end of this week. Disclaimer apply.

Have a great trading day ahead! Cheers!

PS: Our 32nd V3Go Mentoring Program is this coming Weekend, 26th-28th of March. If you interested and wish to join our big V3Go Family, kindly contact us now at sales@cronwell.com.sg

Kelvin Han
aka Trend Master
Originator of V3Go System

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

Dow finished below the psychological 10,000 mark for the 1st time in 3months, dragged lower by financial stocks, as investors remained concerned about Europe’s debt woes and the U.S. economic recovery.

The Dow lost 104pts or 1% while S&P and NASDAQ, gave up 0.9% and 0.7% respectively. Market breadth was slightly negative with low volume traded. Dow components like Coca-Cola and Walt Disney will be reporting their earning reports today. Treasury prices continue to rise as traders seek for safer haven, lowering the yield to 3.59%.

Yesterday, I gave an overview of the Asia stock market and I’m glad that most of calls turned out right. That clearly show that V3Go techniques are reliable and one can use it to gauge the market potential outcome. All these efforts are done for the interest of our V3Go graduates so that they can compare notes. This is a good way to refresh whatever they learnt.

For the public reading this, if you are intrigged and wish to know more about our techniques, please kindly email us at sales@cronwell.com.sg so that we can provide you more information about our upcoming courses/events.

This blog is primarily an avenue for our grads to keep track of what they learnt and a place to advertise our course. All calls here are primary made based on our V3Go techniques. We cannot prevent people who choose to abuse or act childishly with our postings

Overall, we believe that our V3Go graduates are well trained by our V3Go trainers. They should know why/what certain levels are mentioned in the calls. So unless, certain particular individuals failed to comprehend the V3Go techniques or ’selectively’ forgotten certain techniques then it just only shows that he/she need more revision. We welcome you to take the V3Go Refresher program.  Just kindly contact us at sales@cronwell.com.sg 

But of course, if you are NOT trained with our V3Go techniques but claimed to be and abused our calls, using cyber nicknames on other forum, then I can only say that it is very sad for you. We believe, our followers are wise and mature. We been writing market commentaries since 2006, with more than 6000 viewership per day, 3400 receipents in our ever-increasing mailing list. We believe, there is not a need to further comment or response.

We believe, Right Energy should be channelled to the Right Cause for Right Reason.

We are clearly Technical traders, using market Sentiment Analysis to affirm our calls. If anyone is expecting a 100% winning ratio resultant, expecting a crystal ball precision or even expecting to buy at DL and sell at DH via our calls… then this is the wrong place/blog for you to read. We really CAN’T do that….  Hope we have made it clear.   

Lets concentrate back on the market and its potential out look. 
——————————————————–

Yesterday:
I mentioned that NIKKEI must go above  10125 for buying and if it doesn’t go below OP, one cannot short.

What happened:
NIKKEI Opened at 9960 and rallied to DH of 10055 before easing off to close at 9945. So people who shorted from the start would have lost money.  But the buying signal was not triggered.

What to expect today?
NIKKEI is still within the downtrend channel with ROC turning positive to negative therefore do expect initial selling as long the Index stays below the OP. There is a V3Go TAOS support at 9855. V3Go Grads, look out for this level.

—————————————————————–

Yesterday:
I mentioned that STI may have a technical rebound BUT the support is 2706 therefore, failing to go above it, the market will still prefer to sell than buy.

What happened:
STI opened at 2690, hit a DH of 2700 and slammed down to 2665 before closing at 2693, up 10points for the day. (Technical rebound completed).  But the Index didn’t go above 2706 therefore traders shouldn’t be buying yet.

What to expect today?
STI Index is in a downtrend formation with a positive V3Go ROC. Traders should watch 2695 today. If the market can go above it, the market may actually continue its upside. But since it fail to close above the 2706 V3Go DIFF S/L, traders should expect selling whenever the market goes below the Opening price of today.

———————————————————- 

Yesterday:
I mentioned that Hang Seng must go above the opening price (OP) AND above 19785. If not, there will be further selling pressure.

What happened:
Hang Seng Futures opened at 19662 and hit a DH of 19666 before crashing down to 19380. It close at 19515.  It show very clearly that V3Go graduates can only choose to short than long yesterday.

What to expect today?
19906 is the V3Go DIFF S/L therefore by closing at 19515, its very clear that if the market chose to stay below its OP of today, there will be further selling on this index unless the Index can go above 19650 today, which will break itself from the downtrend channel formtion.
Note: Traders are to take note that despite the negative closing, the -ROC is getting smaller so short sellers do take profit fast or do remember to set in your cutloss level.

———————————————-

Yesterday:
I mentioned that Shanghai Index must go above 2945, to give indication of further upside. If not, anything below 2934, shorting stocks will be a better choice.

What happened:
The Index opened at 2939 and rallied to 2954, triggering the 2945 resistance. One would have entered into a buying mode based on what we mentioned. But then, the selling came in and brought the Index below the 2934 level that we also mentioned and saw it sold down to 2922 before suprisingly closing at 2935. This show that there are support in this market. For this trade, we were whip-sawed but the damage is small as the Index ended 4pts lower.

What to expect today?
Using our V3Go TAOS technique and the V3Go ROC pattern, it clearly shows that there is an artificial support at around 2934. So if the Index can go above 2950 today, then I am pretty sure that the Index may challenge 3003 in the near future. If it goes below 2934 again, traders are advised to stay out from the long or go small short.

———————————————

Yesterday:
2519 was the magic number that I mentioned in the blog for Jakarta Stock Exchange Index. If the market fail to go above it, there could be selling to 2431 level.

What happened:
The Index opened at 2516 and hit a DH of 2518.61 and crashed down to 2431 before closing at 2473!! Unbelivable Accuracy right?

What to expect today?
For today,  we do expect some initial selling first on the Index because the V3Go ROC and the poor Dow closing may attract sellers to come in first.  But if the Index can maintain above its OP AND above 2440 today, then traders are advised to go slow in their shorts or turn long in small qqty.

————————————————
Yesterday:
Dollaryen: I mentioned specifically that it have to trade above 89.90 to pave ways for buying. If not, anything below 89.30, traders can go short.

What happened:
The Currency hits a high of 89.56 and low of 89.12. Yesterday, we have a very tight range trading for this currency.

What to expect today?
If the Dollaryen trades below 89.21 today, there should be some selling on this pair of currency. If it rises above 89.22, no selling on it. Using our V3Go TSC technique, one can only go long on this pair if it goes above 90.21 today.

—————————————————

Total time spent on this article: From 7am to 8.51am

Sincerely hope that our V3Go Graduates and Public will have a good idea on how our V3Go techniques work and benefit from it. Thank you.

Have a great trading day ahead and may everyone make good money from the market today!!

Event Note:
We have received prettygood respose for this coming WednesdayV3Go ExPRESS despite the CNY festival coming. It might be a great time to get some idea of the stock market and reap some good profit for the festive holiday!

Interested parties, please kindly email us at sales@cronwell.com.sg now so that we can reserve a seat for you. We have limited seats for this event due to the venue therefore it will be good that you make your reservation early. Email us now at sales@cronwell.com.sg now!!

Please kindly include your name and contact number in your email so that the registration can be completed.

Disclaimer apply as usual.

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

After the morning posting yesterday, I was out busy as my terminally-ill granddad needs my presence, to assist him during his checkup, diagnostic, blood-test, x-rays etc at SGH. He fragile body moves with pain whenever he sit up and walk around. My heart really ached and occasional drops of tears will just pop out around the side of my eyes. He is the one granddad that really make me proud, a role model, as despite having so much worry for me (he worry for me most…) and my family and knowing that his time is limited in this world, he continued to display a strong front infront  of me while only tearing whenever he is alone with my grandmother. (she told me on the side whenever we are alone).

He is so strong. He got this character and charisma in him that I can only say that I am only 10% of it. (I’m tearing as I writing this now… ;-( )  He is very close to me because I am the first grandson of his first son. He really treat me, like what the Chinese says, first grandson as the last son. I can still remember how he protected, love me when I was young…. He is so important to me… I talked to him more than my dad in the matter of fact… I really don’t want him to go on such a note….

.

.

.

…

Yesterday, while attending to his needs, SMSs and calls kept flooding in as the market turned from positive to negative and obviously, my forum threads on CNA was ’ RISING’ with great numbers. Even a close friend of mine asked me to stop calling for long and maybe concentrate on the shorts instead. Another one say that my reputation is at stake now…

I shook my head and kept in silent. My granddad, who is ever so sharp, knew that something must have happened and asked me about it… Initially, I wanted to fake ignorance but knowing that, that will make him worry more… I shared with him ….

He said this, in HOKKIEN… ( I will always remember this… )

” Ah Yong, no matter who you do, as long as you know you are right then just follow with your heart. You cannot please everyone. Remember, you are not here to do that. Your students and audience will have good and the not so supportive type. This is life. Stay strong and fight, just like how I run the coffee shop in the 1960s when everyone was against it… Its never about failure but the failure to succeed in life… your own life…” 

My heart just cracked when he finished his words and breathing heavily (he really cannot even talk much without feeling the pain… he is diagnosed with Lung Cancer, last stage).

I stood beside him and held his hand and said ‘ I know… thank you’ the 4 words that I will remember forever and promise to deliver without fail. I cannot fail. There are so many other people who are supporting me, like my V3Go Team, my graduates and even members of the public who wrote to me, to support me…. I really cannot fail them.

So thank you for the strong and avid support, thank you for making www.didyoutrade.com web hits to New Record! Thank you for everything. I will stand strong!

———————————————————————————————————————Market View for today…

This is what I posted yesterday:

For today, I am expecting to see STI being supported at 2732 for today.  As long as the STI maintain above the Opening Price of today AND ABOVE 2741, the market should see some potential UPSIDE.

If the market fail to stay above 2732, then I advice traders to wait again… don’t jump into the long side. Short?? I am NOT LOOKING to short today… But if your own technique/system/indicators say yes… please kindly go ahead. I just prefer to sit back and relax and have a cup of coffee and wait for my levels to appear TODAY.

What happened?

STI perfectly opened at 2741 (Incredible forecast right?), and rallied to 2763, more than 20points at the start but after lunch, China and Hong Kong begin to sell and the Dollar also lost ground. The entire market reversed its direction and selling re-started.

Once the STI lost the 2732 support level, mentioned above, it was clear that no one should be bottom picking as it’s the seller market again. I am glad that most of the people got the idea and stand away from the market thus leading to the market free falling as not much buying queue were formed.

I only called for OCBC and Novo as I believe this 2 counters will stand against the selling wave but when OCBC lost 8.18 support level, after hitting a high of 8.28, I know I have to exercise caution and I’m glad that my grads know that based on V3Go TAOS, 8.17 and below must excercise cutloss strategy as the market/stock is just not ready yet. Well done for those who did that. *applauds*

NOVO hits a high of 26.5cents after opening at 25cents. It too, was not spared as it was sold down to 23.5cents at closing.

In theory, I was wrong in both account but I am glad that we exercised the cutloss discipline to reserve the ammo for today’s battle.

I can still vividly remember that when the STI was crashing down from 2417 on 8th of June 2009 to 2211 on the 23rd of June, down around 206points or -8.5%, many people got so worried and were speculating that this could be the end of the rally. But of course, the market recoverd and hit a high of 2359 by 30th of June. Regaining 6.6% from that day.

( I will explain why I chose this period for example later via a chart )

Since 20th of Jan 2010, the high was 2935. 6 days later, STI closed at 2706 yesterday, losing 229points, down -7.8% over this period.

For today, the STI must stay above 2733 for any chance of upside. If not, traders who wish to go long must continue to wait. 

I am watching 2 things today,

(1) Dollaryen – the previous day, it created a BHP formation and yesterday it broke low and recovered.  This is the signal that I am looking for.

(2) Crude Oil hit the V3Go TAOS support at US$72.71 and rebounded off. This  is the signal that I am looking for.

I am looking at stock market to recover from today as long as STi maintain above 2733 today!

Disclaimer Apply:

But if the market does go below the support levels then I will suggest traders to exercise cutloss measurement to ensure capital protection.

Watch the CPO stocks today again, wait for entry… as crude oil already found support last night.

Have a great trading day ahead.

Disclaimer apply as usual.

Cheers!

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program