V3Go Outlook on Regional Markets: Selling should be on the Menu for today….
Posted by admin in Futures Pick, Market AnalysisGood Morning,
I’m pretty sure that we won’t be making some people happy today with our call for today as we are looking at potential profit taking mode to set upon the recent rising markets soon…
In terms of using our V3Go System, as long as the STI remain above 2782 today, traders who are still in the Long Positions are still generally alright BUT once this Index goes below 2773 then I think traders should be careful. Based on our V3Go System, there will be 2 intermediate resistance levels; 2782 and 2794 while the support to be 2749. Yes, the STI is most likely going to trade within a 50points range for the time being if our charting proves correct for now.
My personal view to my grads for today:
[9:06:46 AM] 00 KH-Trend Master: most of the stocks closed near DH yesterday and using our V3Go Indicator, the levels are near the extreme zone. With the Dow closing green again, this should be the moment for those who long yesterday to book partial profit. If you still thinking of entering long, no problem, just kindly reduce your qqty. This is my advice for today.
Disclaimer apply as usual.
Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
Started: 0856hr.
Ended: 0945hr
Entries (RSS)