Did You Trade

Good Morning Readers,

Undeniable facts, Euro is coming down while the Dollar Index rose. US Crude hit a high above US$101 and now is back to US$98.40s. US Consumer Confidence came in below expectati0n. US Home Prices fell short as compared to the previous month.  

Yesterday, we saw the STI closed at the Day High on last 20mins ‘selective buying’ on certain Blue Chips.

With all the above, it fits perfectly into our system to warn us that a 200-300pts correction move by the Dow is just around the corner.

We have been warning traders since last week that the STI is likely to see further profit taking on the recent favourites like ie. Noble, Cosco, YZJ, Olam etc. Local Banks price actions are showing signs of exhaustion too. And yesterday we witnessed 21/30 Top Active counters were pennies and trading very actively, exceeding their average daily volume by huge %.

All these are typical signs of danger and seriously, any savvy trader should know that it is time to bill out from the market and sit on the fence, while awaiting for the next correctional move to come. Bulls and Bears makes money… Pigs get slaughtered!

We are looking at the US S&P to hit 1270 by next Monday or Tuesday. It closed at 1308 last night. 
STI Support will be at 2892 today. It closed at 2906.
Euro may hit 1.2880 this week. Now trading at 1.3090.  
US Crude may test US$95.80 by next Tuesday. Now trading at US$98.45

Caveat emptor.

Kelvin Han
V3Go  Chief Trainer

Good Morning Readers,

V3Go Graduate Team did a few discretional shorts (today) on

1. S&P at 1319

2. SIMSCI at 333.0

3. HK at 20480s

4.  Noble at 1.395

5. Cosco at 1.215

6. NIKKEI at 8890

7. Crude at 99.80s

Note: The V3Go Graduate Team bought back our Euro & Crude at 1.2955 and 98.22 (shorted at 99.90 and 99.20 for Crude  and Euro bought at 1.2835) The Day Low of Crude and Euro last night was 97.53 and 1.2928, respectively. Congrats to those who followed.

V3Go Team  

Good Morning Everyone,

For today I am going to watch the markets than trade on the long side especially without HK and China market around.

Reason why I prefer to stay away from the Long side is because I dun like the movements in the currency & commodities market and based on rules and patterns, the moves from the last 2 trading nights show that the market is exhausting and the effect may be seen by later part of this week. 

Our V3Go Graduate Team Shorted Euro at 1.3035 as it hit TAOS Resistance over the last 2 trading days (@1.3048 level). Currently trading at 1.3029Breaking below 1.2950 will set the confirmation signal of further downside. 1.2935 will be the first profit level while 1.2850 will be next.

US Crude must stay above US$99 today… if not, based on V3Go SC Line, it may bring this market lower to 98.35 level.
Breaking lower may bring it to US$97 levels.. Currently trading at US$99.20

STI is expected to be resisted at 2866… failure to stay above it, may bring it lower down to 2800s level.  Now at 2869

Kelvin Han
V3Go Chief Trainer

Good Morning Everyone,

A summary….

First, Congrats to President Ma for his near 52% win in his President Election over the weekend. It was indeed a close fight and both candidates displayed great charisma, determination, drive and passion but honestly, I am glad the former won as it would probably be a better cause for the relationship between China and Taiwan.

Second, I am pissed with Singapore’s soccer team (LIONS XII) for such a toothless display against KEDAH and made the poor fans who travelled more than 14hours on bus, returned home disappointed. We really need STRIKERS as it is goals that win the game… draws can’t bring us far in the league.

Third,  we called for more upside on S&P on Friday but concern and downgrades annoucements by S&P on France, Italy, Portugal, Spain and others brought the market lower despite the better than expected US Data. i.e. Michigan Sentiment (http://money.cnn.com/2012/01/13/markets/markets_newyork/index.htm)

We (The V3Go Graduate Team) bought S&P at 1290 and the Day High was 1295 and we were stopped out at 1284. We bought at average 1240s. 
Thus we are fine.  

We  are heavily long in the SIMSCI from 305-306 level since last week and will be booking some partial profit later.

From the movement over the last few trading days, it is very clear that there are funds (Insti) entering our market and this could continue this week.
I am not recommending short sellers to come into the market despite the S&P chart look toppish for some profit taking until tomorrow.

I will be giving a talk on this 18th of Jan at my office and I will pick a few counters to take note.
I am also looking to LONG Crude Oil soon… for readers of my blog will understand what I am trying to say…. if not, do come for the talk.
Seats are 60% taken up for both days. Registration is a must. (http://ads1.shareinvestor.com/email/20111214_v3goMentoringProgram/index.html)

Kelvin Han
V3Go Chief Trainer

Good Morning Readers,

 Morning Market Outlook:

Last night, the S&P hits a low of 1195.50… missing the 61.8% retracement by 0.5pt and rebounded (these Ang Mo traders really love Fibonnacci)

So 1209.5 become the near term resistance…

If the market can break above it and close above 1222 then 1246 and 1280 is not far…. Currently, trading at 1205, on the high side of the day.

Shanghai market is also expected to trade higher this morning as looks support at around 2180 level.

It closed at 2218 and likely to test back to 2375 area in 2-3 weeks time.

This should propell HK to recover back 19,000 (closed at 18069 yesterday)

STI should be challenging the 2660 resistance today (closed at 2618 yesterday)

A good closing above it, should see 2701 by this Friday.

Gold and Crude are expected to trade higher to 1630 and 96 level this week.
Currently trading at 1597 and 94.59 respectively.

AUD, trading at 0.9924 now, is expected to test 1.01 this week too.

Trade with Care

Kelvin Han
V3Go Academy

Good Evening Readers,

The last 45mins of FUTURE movement confirmed our signal.

Tomorrow we should be able to witness a possible Royal Battle among the “Invisible Hands” vs Short Sellers Camp.

Towards the 1400hr-1550hr… the Short Sellers camps were filled and raging to tear the market down… but the last 45mins indicated that things may not go the way the latter wants…

If our calculation is accurate, tomorrow many counters may do a reversal of their recent actions and wealth might just be knocking on your door…

Stay tune to this website, www.facebook.com/V3GoFamily and your HP for V3Go Connect, our premium Trading Calls SMS Alert service…

Kelvin Han
V3Go Chief Trainer  

Good Morning Everyone,

We are loading more shares this morning, primarily Crude Oil related counters.  We are STILL eyeing STX OSV, GOLDEN and Sakari today.

We are sighting morning to be choppy until around 11.30am before we can see firm support for the rest of the day.

STI closed below our 2688 support level… that’s why we will see trading between 2765-2775 today….

2775 is a common support level to watch…

More details in a short while…

Kelvin Han
V3Go Chief Trainer 

Good Evening Readers,

Our V3Go Graduate Team been waiting for this sell in the GOLD and AUD for sometime and finally their wait is over.

They bought into Gold and AUD as we believe that the Dollar Index is poised for a technical pullback soon.

Looking at Gold and AUD to recover back to 1710 and 1.0150 by next week

V3Go Team

Good Morning Readers

EU Meeting ended and the good news is that there aren’t bad news from it.  Therefore market may focus back on the recent positive US Economical data for buying.

We are looking at the S&P to trade above 1250 today…  A firm closing above 1260 today should push the market towards the year end target of 1300.

HK should be trading firm around 1800s level. A closing above 19,000 should signal an upward march towards 19,500 by end of the year.
NIKKEI likely to follow suite and test 8850 level. Now @ 8645
SIMSCI holding firm above OP (307.40) but on rather low trading volume.

Suspect we will need a few more swings before a closing above 311 this week to confirm  the recovery back to 318 level. The recent downside was due to the Property cooling measurement – imposing of Stamp Duty.

STI need to recover back to 2780… currently trading at 2719

Stocks in mind:

1. Sakari
2. STX OSV
3. Golden Agri

Looking at the US Crude to test US$102 this week… currently at 99.15

NOTE: Please ensure you consider your trades and qqty with the taught money management skills. Nothing is 100%. The above views are based on vested interest.

Kelvin Han
V3Go Chief Trainer

Good Afternoon Readers,

SPOT ON once again… we mentioned that from 3pm onwards… we are going to see movement and now its MOVING!!!

The S&P are trading higher now as 3 hours ago, it was trading at 1243… now at 1254!!!

The HK market also follow suit despite Shanghai market down more than 24pts today.

US Crude Oil also trading higher now…

This is the POWER of V3Go System

Come for our talk on 14th Dec and Kelvin will share with you WHICH Commodities Stocks to Invest For 2012!
http://ads1.shareinvestor.com/email/20111214_v3goMentoringProgram/index.html

V3Go Team