Archive for the “Commodities” Category

Good Afternoon,

NIKKEI futures, cannot go below 10565 today. If yes, there could be some selling towards the  10350-10380s level. There is an artificial resistance at around 10590 level.

STI, the potential trading range based on V3Go TSC channel is between 2862 ~ 2830.  From the momentum of the current trend, its very clear that the Index is trying to cover the ‘gap’ at 2850. But some of the blue chips counters are showing signs of resistance for the upside thus I am getting a little worried for the retails who are gaining good profits from trading the 2nd/3rd liners stocks.

Hang Seng Future, there is an artificial resistance around 21243 area therefore this could act as the resistance for this index. I am looking at this Index to retrace back to around 20600~20650 level in the near term shall it fail to go up.

Shanghai Index, I am looking at the Index to re test back 3023 soon.

Crude Oil have an artificial  resistance  at 82.07 while supported at 80.21.  Last night, it brieftly touched it (DL 80.16) and rebound to 81.38.  It may re test 81.75 again or 78.84 between this 2days. Traders must pay attention on this 2 levels.

Have a great weekend.

Disclaimer apply as usual

Kelvin Han
Chief Trainer
Originator of the V3Go System

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Good Evening,

We are looking at DOllaryen and Crude Oil to trade lower tonight. Potential 89 and 79 level, respectively.

V3Go Traders do take note.

Disclaimer as usual

V3Go Team

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Good Evening,

Using our V3Go System, the US Crude Future would have to trade above US$80.60 today for further upside.  The potential upside is to US$82.50 area but should it fail then I am expecting is to fall to below US$79/barrel. The chart does look like it is kindof exhausted from the recent run from US$68/barrel level. Take a short term breather should do good for this commodity.

V3Go traders, do take note of the above numbers!

Have a great weekend ahead!

Cheers!

Disclaimer apply as usual.

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

Started: 2103hr.
Ended: 2114hr

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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

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Good Morning Everyone,

Not too long ago, on the 16th of Feb 2010, I mentioned that Crude Oil will challenge the US$77/barrel first and if this continue, it may even go for the US$80/barrel mark by March 2010.  But instead, this morning, Crude Oil actually hit US$80.42/barrel on the Futures market while  the world economists are still fearing for the worst for the Eurozone debt issues. Isn’t that AMAZING? Once again, it is proven that V3Go System is really a POWERFUL and reasonably ACCURATE trading system to rely on.

With such an upside in prices for this commodity, CPO related stocks like Noble, Ezra, Indon Agri, etc will be in my radar for today. They were sold down the last 2-3 trading days but their closing prices, based on our V3Go Patterns actually shows that the Downside ROC is reducing therefore, if the stocks can stay above their Opening Price today, there is really a good chance for them to trade higher. So do watch out for them!

I am also paying a close attention on Genting SP today as our V3Go System is indicating that as long as it stays above OP of today, there is a potential chance that this stock may see a bottom around here after the recent selling. So watch for the Opening Price.

Last, I am looking at the Dollaryen to trade to 93.34 level in the next 1-2months. Currently it is indicating at around 91.70 level. I am very BULLISH on this pair of currency in the long term and even targetting 95… as I believe more traders/hedge fund managers will be moving in to buy back the greenback(US$) soon.

May you make more money from the market today.

NOTE: 70% of the Preview (23rd of Feb Tuesday) are taken UP. To reserve a seat, do email us at sales@cronwell.com.sg and leave your full name and contact number. Our Team members will get back to you shortly.

Disclaimer apply as usual.

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

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Good Morning Everyone,

Today we start work, after the long holiday and with the Dow logged in their best day in about 3 months, regional stock markets are expected to trade higher. The weaker dollar boosted commodities stocks while the better-than-expected manufacturing report and some decent earnings also helped. The DJIA rose 169points while S&P and Nasdaq rose 1.8% and 1.4%, respectively. As forecasted last night, the Crude Oil rose and closed above US$77 while Gold also marched up and topped US$1120 an ounce.

As forecasted last week, I mentioned that the STI should face some resistance at 2764 level and indeed, last Friday, it hit a high of 2766 before closing at 2758. For today, I expect the STI to open around  2785~2798 level. The key level to watch will still be 2764. As long as it stay above this figure, the STI may challenge back the 2906 level in the next 2months of trade.

I am looking at Commodities related stocks to open higher and my humble advice; one should lock in more profits from the Long positions that we established since early last week. In trading, I always preach and follow this pretty good WINNING Stratregy; it is always good to LOAD good stocks when no one wants it due to fear and ignorance and UNLOAD when everyone return to any stocks due to greed and hope.   

If I spot any good stocks, I will share them over here but if not, for people who are still holding MIDAS and Ezra, do book some partial profit this morning on market strength.

Cheers!

Nothing is 100% but as long as you know how to self-manage your money management on your trades, all risk can be taken care of.

May you make more money form the market.

Disclaimer apply as usual.

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

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Good Evening,

Using our V3Go Techniques, Crude Oil should be trading between the US$73.88~US$75.74 band today, towards the upside as it is trading above OP and within the UT V3Go TSC and accompanied with the V3Go BC. A double Combo Long call for TODAY.

Currently, it is trading at US$75.64. If it can close above US$75.69 today, then I am pretty confident to see it trading the US$77/barrel mark as the first level then follow by US$79.18 level. Overall, with the Eurozone debt issues getting resolve, I am looking at this commodity to hit US$80/barrel by end of March 2010. The V3Go Support level is currently at US$71.64 level.

If that really happen, then I am expecting the world stock market to follow the same direction, especially the commodity related stocks.

Nothing is 100% but as long as you know how to self-manage your money management on your trades, all risk can be taken care of.

May you make more money form the market.

Disclaimer apply as usual.

Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program

Comments No Comments »

Good Morning,

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. 
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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.

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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.

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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.

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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.

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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.

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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.

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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

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Good Morning V3Go Grads,

STI closed at 2683 on last Friday. Dow did a 165points reversal from the bottom on last Friday, to close positive, in the last 2 hours. Normally, when we see  such late hours reversal, it usually indicate possible follow through buying in the Asia markets.

STI Indicator Support level is 2706 while the IP of the UB of the V3Go DT TSC is 2710. So if the STI can close go above, I am quite certain that there could be a chance to see STI trading 2763 in the near term future. Failing to close above 2706, then my advice to traders, is to be careful on the long side of the market as it may fall to 2629 level.  The Index closed at 2683.

Stocks that I am looking at is Genting since RWS recieved the licence from CRA. Based on technical,  if it can close above 1.14, our V3Go DIFF R/L, I do see it trading higher in the near future.

CPO stocks might be soon in play when the Crude Oil found support at the new V3Go TAOS support level. But I dun expect them to rebound immediately as usually, it will take a while for the commodity to lead the charge but it will be good to do some analysis now to prepare yourself where to buy or cut.

NIKKEI must go above 10125 to break above the V3Go DT TSC. Since the ROC is a positive one on a DT therefore today, unless the index goes below OP, if not, short sellers are not advised to short it.

SIMSCI is a V3Go DT TSC with the -ROC getting smaller therefore traders are to watch 324.1 today. It closed at 321.7. If it goes below OP, one can short it and expect small profit. But if it goes above 324.1, traders may see the market rebounding.

HK, closed at 19538, down 805points on last Friday. If it can stay above OP and go above 19785, then one can buy. If not, this market will still face some selling pressure.

Shanghai, closed at 2939 and its formation is V3Go DT TSC with a positive ROC therefore if this index can go above 2945, it may add some positivity to the battererd markets. If it goes below 2934, traders are advised to get out from the long and short stocks.

Jakarta Index closed at 2518, down 73points or near 3% on last Friday but its still on an uptrend therefore watch 2519 today. If the Index can open and stay above this level, this index may do a technical rebound. If not, traders are advised to stay out or go short as it may test 2431 if fail to find buying interest.

Dollaryen must trade above 89.90 to pave way for buyers to buy it confidentally. Should it go below 89.30, traders can go short on it.

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

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Good Morning,

Yesterday, I mentioned pretty clearly that as long as the SIMSCI and Hang Seng stays below 330.7 and 20677, traders are adviced to stay away from the long side of the stock market. I am glad most of my graduates followed the advice and stay out. By staying out from the market yesterday will present us a great opportunity to pick bargains as long as the entry price are within the V3Go Rules.

For those who wish go short, you too, can do it as long as you follow the V3Go Rules.

Yesterday, our V3Go TSC has amazingly forecast the STI range nicely. We mentioned that it will trade within the 2775 to 2740 band. The DL was 2741 while DH was 2765. For today, expect the market to find support at around 2706. It closed at 2744 yesterday. Based on our V3Go Indicator, it is an UPSIDE sparrow formation therefore if the Index goes above its OP (Opening Price) today, I would suggest traders to go slow on their shorts. The market may actually go UP instead shall the Index stays above its OP for today.

NIKKEI Futures shares the same analysis in terms that if it stays above OP, traders are not encouraged to short too heavy. If the Index goes above 10150, traders should cut their shorts. No long for today.

Hang Seng Futures,  the Index is expected to break below the 20,000 mark again today. The support level should be around 19977 again. It closed at 20343.  Using the V3Go Indicator, short selling traders are to be careful should it fail to stay below the OP, as it indicates an Upside Sparrow formation therefore market will actually do some bargain hunting instead.

Dollaryen was also sold down last night but if it goes above 89.50, traders are to watch it. If it can maintain above 89.75, I would suggest buying than selling. Overall, I am still very bullish on the Dollaryen as I expect this pair of currency to hit 95 level by mid year.

Crude Oil lost 5% overnight but that doesn’t mean the Upside trend is over. To me, the answer is NO. (at least for now). Last night, the Crude Futures hits a low of US$72.42 and closed at US$72.98, bouncing off the critical support at US$72.72. This clearly shows there are some support at this level. Based on our V3Go charting, as long as it stays above US$73.16 today, this commodity may rebound. Anything below US$72.72 is a SELL.

Remember, the Dow will make ALL markets gapped down… and if the market/stock is in a selling mode, it will be trading below the OP of today. But if the market/stock is trading above its OP for today, then short sellers must be careful.

I will provide more updates 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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