Did You Trade

Good Morning Readers,

2 days ago, I already mentioned or HINT that our V3Go Graduates Team were booking profit on many counters like Olam, STX OSV, Genting etc…

Of course, we didn’t managed to sell at Day High prices but we did managed to buy at really SOLID prices to profit 5-10% while the market stayed range bound these while.

We mentioned that once the SHORT-SELLERS or SELLERS are in full force, it will be a TIME for us to get excited again and we believe that from 1500hr later, that special moment MAY arrive.

Nothing is 100% in trading but since the patterns do repeat on a REGULAR basis then we will put our SNIPER Guns on standby mode. The V3Go Graduate Team bought near a million dollar worth of stocks towards yesterday’s closing and this morning. With many stocks hitting D1 and D2 mode, a little more patient should be able to get the low hanging fruits.

Watch the 1500hr timing onwards…

Kelvin Han
V3Go Chief Trainer

Good Morning Readers,

Despite the Dow down 139pts overnight; STI is only down 0.27% or 7pts.

If the STI can go above OP (Opening Price), we are looking at a possible reversal towards the upside. Some of the recent battered down counters like Noble and Olam are finding support around 1.13 and 2.10 respectively.

Even the 3 major banks are down 0.25% only.

No market moves up or down in straight line; it will have periodic retracements. Last night, we have seen that… we are looking at the market for some bargains especially battered down ones as we are still bullish and firm on our call to see the overall market trading towards higher level until 10th of Jan 2012.

Kelvin Han
V3Go Academy Chief Trainer

We are looking at the S&P to trade higer this week, towards the 1272 area (now@1260).

Upside should continue until 10th of Jan 2012.

Targeting 1292-1302 level.

 Dear Readers,

 We are expecting the US Dollar Index to go into profit taking mode in the near term therefore, it would likely be able to motivate the Equities market higher this 2weeks.

 This is a temporary inverse relationship between the 2 financial products.

 Once the transition is over, one should be expecting them to move in tandem and likely to ignite a Super BULL market by then.

 We are looking at the Dow to trade much higher until end of July 2012.

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

Dear Readers,

 The S&P 500 Futures been having around 1209 level for the last 3 trading days which happened to be the 50% retracement of this cycle.

 Based on our V3Go System, if the market can stay firm above it by 21^st of Dec, this market should be heading towards the 1280 level.

 That will translate (approximately ) to a 400-500pts upside of the Dow. This should be able to move the rest of regional markets higher too.

US Crude and Gold and Dollar Crosses should also be heading higher.

Good Afternoon,

When things get messy, the mass goes crazy and that’s the time for the rest to go into a frenzy….

In total now, the team bought in 2.3mil worth of shares over the last 4 trading days. The counters that they accumulated are  Genting at 1.505, Noble at 1.115, Stx OSV at 1.135, Swiber at 50, City Dev at 8.95, Sakari at 1.81 and DBS at 11.40. 

They also bought SIMSCI, HK at S&P at 308, 17900 and S&P at 1203 and 1206.

V3Go Team

Note: The team have enough holding power for these trades and looking at the S&P to hit 1280 by end of this month…. thus traders who are going to follow, please kindly practice/exercise money management accordingly. Trading and Investment may incur losses and may not be suitable for everyone as nothing is 100%.

Watch Shanghai market….

V3Go Indicators are looking at a technical rebound soon on this index..
2180 will be first support. Crossing 2200 today will signal a potential 100-150pts movement.

Today the RMB strengthen against the USD.

S&P Futures is trading near DH
Dow Futures up 31pts

Dollar Index Down to 80.83
Crude stays above 94.

If NIKKEI can cross above 8470 + SIMSCI above 302.5 + HK above 18141

Then I am pretty confident to say that we are going to see a good bottom out signal…

Stocks in View:
Chasen, Genting, STX OSV, Sakari and Swiber for today.

Good Morning Readers,

Our V3Go Graduate Team have increased their long holding to 90% now as the numbers are showing that we are going to see a STRONG Rebound very soon… 

Reason? Because the Short Sellers are in full force now!!! 

During my sharing session with the V3Go Graduate Team, I shared that:

(1) Shanghai Market is poised to REBOUND very soon and it could lead the rest of the market higher.

(2) US Crude is to find support at US$95 and set to test back to above US$106 despite the OPEC’s Supply Report.

If my calculation is right, the regional stock markets should see a bottom out within this 2 days and I am looking at the S&P to test 1289 by end of Dec 2011 despite the fall of last night. S&P closed at 1206; therefore meaning that I am looking at a POWERFUL CHRISTMAS Rally and this selloff is MAN-MADE movement to shake out the WEAKER Hands.

1209 is the 50% mark based on the recent cycle.

The maximum downside risk for the S&P is around 1180 and it should see no further downside from there.

I expect the US Economical Data tomorrow,will be a positive one for the market. 

Kelvin Han
V3Go Chief Trainer