Watch Euro and US Crude Futures closely.
Posted by admin in Commodities, Forex Analysis, Futures Pick, Market Analysis, Stock PickGood Afternoon,
This is what we shared with our grads;
[1:56:10 PM] 00 KH-Trend Master says:
Kindly take note of the Euro and the US Crude Oil market, this morning session, both of them hit 1.2295 and 72.94 DH but now, they are trading at 1.2222 and 72.07. Their OP is 1.2214 (FYI;forex no exact OP) and 71.94.
So if they goes below OP, one should expect another selling spree in both futures and stock markets.
Kindly take note.
[1:58:12 PM] 00 KH-Trend Master says:
Before Lunch:
NIKKEI is 9610
SIMSCI is 321.2
TWI is 256.80
dollaryen is 91.40
Dow future + 4
Now, Dow future is higher while twi lower and nikkei same
In summary, we have told all our grads not to be in long positions or take any long positions at the moment. In fact, one can go short on CPO stocks again and the Index Futures. Market doesn’t show the strength to go up and the selling pressure seem there waiting to pounced on the buyers. Of course, we may be proven wrong shall the market rocket up but we rather play safe than sorry. I repeat, we are encouraging SHORT or stay out from the Long today. Disclaimer applied
Kelvin Han
V3Go Originator
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