Solid Breakout!!!
Monday, September 12, 2011
Friday, August 26, 2011
Dow Jones update
After the Break of the Bear Flag, testing 10800, the sharp pull up to the bear flag resisitence and Boomz, a 170 pts downwards rush last nite........
2 scenario possible over the weekend
1. QE 3 in the talks.......mkt shortcover and later crash
2. QE 3 not in talks.......mkt retest lows and recover slowly
whatever that happen over Jackson Hole wyoming......long term i am bearish, i am looking at a good bear rally to load puts........
Position sizing is crucial......
cheers
2 scenario possible over the weekend
1. QE 3 in the talks.......mkt shortcover and later crash
2. QE 3 not in talks.......mkt retest lows and recover slowly
whatever that happen over Jackson Hole wyoming......long term i am bearish, i am looking at a good bear rally to load puts........
Position sizing is crucial......
cheers
Friday, August 19, 2011
FSSTI Charts update (before mkt open)
same like the US indices, Flags is seen........a retest of a low 2720 is critical
Due to the severity and lack of data evidence that the economy is still going strong, and oversell may happen....pricing in recession
FSSTI DAILY
FSSTI HRly
Trade safe, this is no ordinary mkt.............
Cheers
Due to the severity and lack of data evidence that the economy is still going strong, and oversell may happen....pricing in recession
FSSTI DAILY
FSSTI HRly
Trade safe, this is no ordinary mkt.............
Cheers
INDU Update
A few days ago we noted that many charts are showing formation of bear flags. should the Low not hold....some scary selling will be triggered
INDU
INDU
Wednesday, August 17, 2011
Will history Repeats itself??
The observation of the similarity on the S&P 500 on 2008 top and the top made in 2011 is uncannily similar.....
characteristics of selldown and rebound pattterns has all so been antcipated........so continueing into the next 4 mths will everything be the same........
if using history as a guide and basing upon the same lines if that is to happen..........28dec Bradley key reversal date could spell a new Bear mkt........
i tend to beleive History do tell us a story...........this is a mkt phenomenom.
trade safe, position sizing is key in this volatile mkts
Have fun
Ian
characteristics of selldown and rebound pattterns has all so been antcipated........so continueing into the next 4 mths will everything be the same........
if using history as a guide and basing upon the same lines if that is to happen..........28dec Bradley key reversal date could spell a new Bear mkt........
i tend to beleive History do tell us a story...........this is a mkt phenomenom.
trade safe, position sizing is key in this volatile mkts
Have fun
Ian
STI, Dow Support and resistence line........Are we looking at a Bear Rally or a Bearish Flag?
FSSTI
Sysmetrical Triangle Breakdown, measurement objective still at 50%, final correction pt stays at 2650
should Rebound push all the way above 3000, pictures should change. at the moment status quo...
DOW Ind
looking kinda obvious a bear flag is forming, alittle too obvious, there is a 50% chance to surpirse to the upside.
no change still expecting a retest of lows before a decent bounce abt 1250-60
Monday, August 08, 2011
HYPOTHESIS COME TRUE!!! HOLY SHIT
On Aug 3, i posted the Hypothesis chart on whether this will happen, and it did happen.........the above is the update.......this is Rape......
Trade safe..........Trade safe with good discipline, mkt is always there, mkt not rite dun have to trade........
IAN
Trade safe..........Trade safe with good discipline, mkt is always there, mkt not rite dun have to trade........
IAN
Friday, August 05, 2011
Jesse Livermore was dead rite: "Human emotions collectively had major impacts on the movement of stock prices and mkts in general, ultimately creating patterns that kept repeating!
2011 current
2007
Amazing resemblance
When everyone try to go out the same door this is what happens
2007
Amazing resemblance
When everyone try to go out the same door this is what happens
Wednesday, August 03, 2011
Charts on Dow & S&P500
too deep a correction may trigger QE3
trade well, position sizing is critical...........cheers
Ian Li
Thursday, July 28, 2011
Tuesday, July 12, 2011
STI charts as of July 12
Indicators have turn down
Support and resisitence level
What if that critical pts breaks?
Support and resisitence level
What if that critical pts breaks?
Monday, May 23, 2011
BEARISH OUTLOOK FOR THE FSSTI
my charting hints me that the Fssti doesnt look rosy at all.............still looking for a 10% correction
maintain till view changes
have fun trading
IAN
Friday, May 20, 2011
Thursday, April 21, 2011
The breakdown 2 days ago, a abandon baby, a power melt up, and finally will this be the breakout of Bull Flag formed yesterday...
looking at how the mkt response last nite in the US it downright possible we gonna breakout...............
last week we spoke abt the interesting Dojis on the monthly charts on the US indices we should be able to give a view after labour day
cheers have a great day trading
Tuesday, April 19, 2011
Monday, April 18, 2011
Wednesday, April 13, 2011
Mark of the end of a Fakish Bull??
almost 1 mth no blog, on 16 march, VIX triggered a bottom call, and true enough global mkt bottom out on 18/03/2011 and did a spectacular V-shape recovery not taking Japan devastation into consideration, increasing high oil prices........middle east violence.......
on FB we discuss abt US indices hitting new high before correction with dow a target of 12600 (prediction was 150 pts off) and now we spotted a new trend developement on the monthly charts, Doji Stars............rule of candle sticks says its need confirmation before a trend is reverse so end of april we will know the fate of the US mkts............will it really signal a reversal?
(hmmm dun forget there is a possiblity of a double top in play)
with QE2 coming to an end...............and pple starting to look at the reality, its highly possible
Dow Monthly
Nasdaq monthly
on FB we discuss abt US indices hitting new high before correction with dow a target of 12600 (prediction was 150 pts off) and now we spotted a new trend developement on the monthly charts, Doji Stars............rule of candle sticks says its need confirmation before a trend is reverse so end of april we will know the fate of the US mkts............will it really signal a reversal?
(hmmm dun forget there is a possiblity of a double top in play)
with QE2 coming to an end...............and pple starting to look at the reality, its highly possible
Dow Monthly
S&P Monthly
Nasdaq monthly
a view of last nite mkt
Come end April i will be able to give all a new prediction of the second half of the mkt.............cheers
happy trading and buyer beware, You have been WARNED
Yours truly
Jacka55
Thursday, March 17, 2011
Wednesday, March 16, 2011
Friday, March 11, 2011
Wednesday, March 09, 2011
Chart updates: resistence and Support
most of the indices are still trap in ranges but i think bias downwards..............FSSTI and HSI did well for now
Dow
S&P Hrly
Dow
S&P Hrly
Dow Tranny
FSSTI
HSI
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