Hang Seng Futures most likely will SELL Down today
Posted by admin in Commodities, Events and Advertisements, Forex Analysis, Futures Pick, Market Analysis, Stock Pick
Good Morning Everyone,
Based on my V3Go System today, most likely if HK Future fail to go above its Opening Price, we are going to see some form of selling in the market. Since last week, I have been informing many people that Shanghai Index is like a time-bomb waiting to explode on the Asia market and there is a critical support at around 2550 level. Should it fail to stay above it during this period, most likely we will see it going lower to 2400 level and based on the first 30mins of market action, I am quite sure we are going to see it happening.
We are calling for a SELL on the HK Future today and will target to take partial profit at around 19665-19675 area first then follow by 19570-19575 area. The HK Future market closed at 19799 yesterday.
As for the Dow, I also mentioned before that it have to close above 10300 soon so that it can continue its upside… and last night, it hit a high of 10,314 but closed at 10255 instead. Hmm.. this is not good. I truly hope that the Dow can re test this number again and stay above it.
If not, I am expecting a 1000points drop from here, over the next 2-3months!
Last market to analyse is the US Crude Oil. It seem to have some difficulty to close above the US$75 mark which is an important level for it to recover back to above US$80/barrel level. US$72.50-72.60 is the nearest support for the time being. It is currently trading at US$74.30s region. I am not keen to go long on this market at this level at the moment as I do expect it to go down again to test the US$72 region thus I also advised my grads to book profits on CPO stocks like Noble, Olam, SMM etc.
With that, have a great day in the market today and may all of you prosper!
Disclaimer applied
Kelvin Han
V3Go Originator
ps: Due to a career move, I am going to conduct my potentially last Mentoring Program on the 26th and 27th of June. This program will be towards Futures as I wish to share my trading experiences that I accumulated over the last 15years. I will be touching on;
1. The Basics of Futures. From what is Futures, to using a Futures Account to placing orders
2. Understand how Futures affect the Stock markets, and how Big Boys use Futures to ‘fool’ retail traders
3. Learn how to strategically plan to capture big profit on SIMSCI, HK, TWI, Gold, Oil, S&P and NIKKEI
4. Make S$200 on Forex, using the 60mins chart, with V3Go Indicators
5. Learn where to find trading stops of others and BREAK IT!
6. Kelvin will teach you how to FLIP and DOUBLE trade when market reverse.
and more… + 3 weeks of On-Line Skype Conference + 1 Hand Holding Session + 1 Trade Live Session (10hours!!) + Kelvin’s Top 5 Winning Strategies in Futures market.
If you are interested, do kindly contact my Event Organizer at Sales@Genesismgt.com.sg and more details of the program will be sent to you via email. The cost of the program is S$2888/pax and if you are coming as a couple (husband and wife only), you will be given discount!
If you are coming in groups, you can contact us to obtain group discount but must be min 5pax or more.
Would really love to see you!
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