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

Today is Tuesday and we know the likely direction of the market for today, thus that’s why since morning, we been informing traders to look out for Penny Counters to play…. as this should be the last leg of this run…

UniFiber is up 54% in a single day….. while STI is up less than 3pts….. you tell me this not craziness???

Today’s upside is expected since morning and tomorrow… will likely be a Day of Disappointment… So traders take advantage of today and stay out tomorrow…

====================

This is what I shared with my graduates online and I like to share it with you too….

Question to you, KEL:
Cillin T:

” On 25th STI +1.5%
  on 26th STI +0.1%
   on 27th STI +0.8%
   on 28th STI -1%
   sorry, it look more like a up to me “

KEL’s Reply:

On the 26th of Jan – STI rose 2.8pts…. but it hit a high 2917…. and closed below OP
On the 27th of Jan – STI rose 21.83pts …. but its high was 2916… closed above OP
On the 30th of Jan – STI lost 27ptspts… its high was 2907… closed below OP
Today… 31st of Jan (still trading) – STI down 2pts… its current DH is 2895….

up or down? you decide…

I am already mentioned, many blue chips volume have dipped and range are getting smaller…

The 1st and 2nd liners counters like Noble, Cosco, Sakari aren’t really moving

the penny counters are hoarding the limelight with 20-40% gain INTRADAY!!

So honestly… I am going to say this…. we have hit the end of this upside wave….

Tonight, likely chance to see the Dow UP a bit…

Tomorrow, likely to see more selling upon higher or flat opening…

Again, I can be totally wrong but I am staying away……

Today, i only play penny counters, in and out fast….

Not recommending anything else…

Kelvin Han
V3Go Chief Trainer

The USD Index have started to fall since it touched 82 on the 13th of Jan 2012 and has hit below 79.20 on last Friday. During this period, we saw the Dow rising alongside with the regional emerging Asia markets. USD crosses like Euro and Pound, during this period, traded higher on arithmetic reasons despite the economic fundamentals doesn’t support it.

Interestingly, even the mortgage-backed bonds are back in favor thus the RISK is back on. The Price Action on the Municipals confirmed it.  

V3Go Graduate Team bought the CHF (Swiss Franc) at 0.9130 and shorted more Euro at 1.3214 and placed a short position on the Pound at 1.5714. They also added more short positions on Crude at US$99.66 and new position on Gold at 1736.80

Should the USD Index rise above 79.50, they will add more positions on the S&P, HK and SIMSCI short positions.

Based on calculation, the markets mentioned above, are likely to PROFIT-TAKE for this entire week until 7th of Feb 2012. Traders are adviced not to enter the market on the long side from today onwards unless you are willing to take the extra risk. 

Wait for 1 week so that you can have a better long entry for the next rally that might stretch for 2-3 weeks  until 20th of Feb 2012.

On the 8^th of Feb,

We will be sharing on which counters to look at and the outlook for the STI. We believe some stocks are  about to move in waves once certain resistance levels are taken out. To register for a seat, kindly register @ www.didyoutrade.com/signup. For enquiries, kindly contact Ben at sales@v3go.com or 9270 8681.

Sincere opinion,

Kelvin Han
V3Go Chief Trainer

Do take note of the potential ‘profit taking’ mode to start from 1330hr as US Futures and NIKKEI are not holding up too well and some profit taking on the Blue Chips are clear while Penny counters are pushed up… a typical smoke screen for a plausible last leg of this run.

We are informing our friends and graduates to book profits and stay out from the market until the market completed this run.

Kelvin Han
V3Go Chief Trainer

1. Both STI & SIMSCI below OP (Opening Price) by a far figure

2. Most counters are “manufactured” with a high Opening Price today, followed by  huge volume thrown down on ‘innocent’ people who queued to buy at lower price this morning and now stuck with it,

3. Blue Chips are clearly booking profit… most of them are off DH (Day High) prices by more than 15-20bids…

4. Fed’s although did mentioned that they will ensure low interest rate environment which is good news to the Longists… but
it also meant that the economy need more time to recover… so the Smart Money will book on this news.

4. Last, retails are contacting their brokers and us, non stop since morning to buy and queue lower for stocks…

This is the breaking point…

Of course, the million dollar question is…. whether it (the market) will crack ?

Let’s see but I am sure the clock is ticking and this 6 days party will come to an end soon…

If I am wrong.. I apologize…

But if I am right…. traders just remember that I have warned you….. Take a rest and return  from next Tuesday onwards… Now is the time to watch TV and or spend some quality time with your love ones. Watching the market will make your hand itchy…. and likely to ‘cost’ you some pocket money… for nothing….  

Kelvin Han
V3Go Chief Trainer

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  

Thank you for your loyal support over all these years. 

During the Invest Fair 2011, with more than 20,000 people attended it; we mentioned that  V3Go Academy is expecting a big market rally in the months leading to Jan 2012. 

We forecasted that DOW is likely to hit 13,500 by end Jan 2012 and recommended readers to long commodities related counters. Many were shocked and in disbelief by our forecast!

Back then, the DOW was trading at 10,600 and many reputable chartists and economists were calling for more downside…. But truth be told, the Dow has since rallied by over 2000 points to close at 12600 last night.

I hope that our loyal readers managed to catch this great 2000 points upsurge!

With less than 10 days to go, for the Dow to hit 13,500 might be tough but do kindly note, the forecast was made in August 2011 before the European Crisis surfaced in November 2011.

Nonetheless, with the upcoming USA presidential and key European elections happening in 2012, we are still quietly confident that DOW will hit 13,500 at a later date.

We are looking at a Big Bullish Move from late Feb to end of March 2012. There could be another 1000points upside movement and one should not missed it!

 Be a V3Go Graduate and get our V3Go Connects Premium SMS Service for FREE for 3months!
Click to sign up http://ads1.shareinvestor.com/email/20111214_v3goMentoringProgram/index.html or contact Ben @ 92708681

In this email, I have included the Top 8 Reasons for DOW to Rally to 13500 to reward you, our loyal readers especially those who could not find time to attend our preview sessions.

We hope that you have made some money from the market and would like to encourage you to donate part of the proceeds to charity. i.e. SPH Pocket Fund.  

For those who are interested to find our more about V3Go Academy, V3Go Mentoring Program and our V3Go Graduate Team, you may wish to “like” us on www.facebook.com/V3GoFamily or sign up for our preview seminar that is taking place on 21^st  Jan 2012 (SATURDAY).

 TOPIC:
Outlook of STI & Global Markets in 2012: Rise of the Twin Dragons (USA & China)

 “Mr Kelvin Han, V3Go Academy Chief Trainer, believes that the dragons of the east (China) and west (USA) will propel Straits Times Index back to 3200 by June 2012. He is very bullish for the 1st half of 2012 but warn of a potential financial calamity towards the end of 2012. V3Go Academy team recommends the purchase of commodities-related counters now.”

 Click to sign up http://ads1.shareinvestor.com/email/20111214_v3goMentoringProgram/index.html or contact Ben @ 92708681

 Top 8 Reasons Shared During Our Preview Seminar

 8th Reason

77% of the S&P companies reported great than expected earnings for 1Q. US$80billion Reserves

2Q and 3Q = Reserves hits above US$110 billion

 7th Reason

“Fair” Value of Dow, using current data on projected earnings, dividend and AAA corporate yield

 6th Reason

The Federal Reserves kept buying Treasuries issued by the U.S. Government. Sea of Liquidity

 5th Reason

Highest Cash Holding By Money Market Funds

 4th Reason

Obama Need US Unemployment Data to go below 7%. (now 9%) If not, he will lose his chance of being President again

 3rd Reason

China and US Economical Data are improving and Commodities are rising. Inflation + Low Interest is a perfect cocktail for a Big Bull To Come

 2nd Reason

John Paulson and Warren Buffett are buying Bank of America and IBM respectively amidst FEAR in the Market!

 TOP Reason

V3Go Academy is very confident and willing to go all out to make more traders richer for 2012.

JOIN US Now!
Click to sign up http://ads1.shareinvestor.com/email/20111214_v3goMentoringProgram/index.html or contact Ben @ 92708681

Kelvin Han
V3Go Chief Trainer

Looking at the market to test 1289 tonight and possibly 1300 this week.

Since last year August 2011, during the INVEST Fair 2011 @ Suntec City, I am the only BULLISH trainer back then (and even now)…. and I have called for BUY in the US markets when it was trading at 10700s.  Thousands of people heard/knew about it and 90% (survey) didn’t believe in that call.

Now it trading at 12359 and potentially to test 13,000 this month.

Now in Jan 2012, we are calling for BUY in the CHINA market which is trading at 2180 level. We are looking at it to test 2650 by end of August 2012.

I know many people will not believe that, with all the negative news in the market…

I believe that the DRAGON of the East & West will rise all the way… until August 2012….. Missed it and one will regret for the next 1-2 years….

Want to know why? http://ads1.shareinvestor.com/email/20111214_v3goMentoringProgram/index.html 

Kelvin Han
V3Go Chief Trainer