GET OUT of the Market IF you see the NUMBERS Below!!
Posted by admin in Commodities, Events and Advertisements, Forex Analysis, Futures Pick, Market Analysis, Stock PickGood Day,
More than 80% of the seats are taken up for tonight’s Preview despite the lack lustre market performances from the market. This truely show that many people are still involve in the market and wish to findout more and tonight, they won’t be disappointed. I will be providing an enjoyable 2 1/2 hours of preview for everyone who turns up tonight.
Do remember to bring your own writing material.
BUT I would like to warn traders to book partial profit on your Long Positions first for today as I truely doesn’t like the movement of the market for the next 2-3days.
STI broke past the 2806 resistance that I set yesterday and that led the upside which I am happy for those who went long instead. We stopped out our PUT Warrant trade at 24.5cents as we saw the STI climbed above 2806 towards the end of the day, alongside with the SIMSCI. For today, the STI must close above 2819. If you do see the STI trading below 2819 later in the day, I kindly suggest you book profit on your long position.
Last traded price: 2825
For players involved in Swiber, 1.02 is the key resistance for today. Congrats to those who continue to held on. Our grads have booked most of their profit yesterday when it traded past 97.5cents. We are currently not in it anymore.
Last traded price: 1.02
For players involved in Genting, I mentioned before 1.06 is a key resistance and yesterday when it closed at 1.06, it was a sign and true enough, we saw the upside coming in. 1.11 will be the next resistance level. If you see it touching it and closing below it, that will be the signal to book partial profit.
Last traded price: 1.10
Hang Seng Future must close above 20123 today for further upside. Both of my V3Go Indicators are calling for SELL Signal on this market in the near term therefore we are looking to load on the Put Warrant on it soon.
Last traded price: 20158
Watch the NIKKEI, especially if it fail to close above 9890 today. This market could probably provide you the FIRST Signal.
Last traded price: 9880
The Dow hits a high of 10328 yesterday but reversed itself to close at 10186. Thats a 150points reversal. This is not good. This show that the Dow is still strongly resisted by my 10300 resistance prediction. (The Exact Number is 10315). Tonight, I expect the Dow to re-test around 10236… and should it fail to go higher than this number, I am looking at the Dow to trade lower back down to below 10,000 again!
Euro,V3Go TAOS Resistance is around 1.2245-1.2250 and it was tested and rejected last night and today, it hardly re-test this level. I am calling for a SELL on the EURO once it goes below 1.2195.
Last traded price: 1.2211
Dollaryen, as long as it cannot stay above 91.78, today is a CLASSICAL SELL based on V3Go Formation. I am encouraging traders to short it.
Last traded price: 91.56
NASDAQ, if fail to stay above 2248, there will be selling too.. so techs traders, do watch out on this point.
Last traded price: 2243
US Crude will be resisted at US$75.45-75.50 level for today. I am looking at it to re-test below US$72 level by this week.
Last traded price: 75.19
US Gold looks like going to test US$1210 level again. Won’t be buying gold in the near term
Last traded price: 1222.4
Nothing is for 100% and my call may be proven wrong too but I think today I will be more than caution as I approach this market as some of the signals are pretty clear. I am calling for SELL now!! The choice is yours.
Disclaimer applied
Kelvin Han
aka Trend Master
V3Go Originator
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