Analysis Forecast: OANDA:HK33HKD Trading at Key Support. Supporting Technical Observations: 1. Price trades at High Volume Node & Fibo 61.80% (Golden Ratio). 2. Volume and Fund Flow Index (FFI) displayed climactic supply. Stop Loss If index breaks below 24,800, expect further mark down.
Analysis Forecast: Expect Rebound towards US$210 Mid Term Bottom / Potential Accumulation Phase Analysis is For: US/HK Market Bottom Fishing (Position Trading) Single Stock Tactical Allocation Supporting Technical Observations: 1. Hammer Pattern formed on Weekly Chart 2. Fund Flow Index (FFI) Positive Divergence 3. Relative Strength Bottoming Stop Loss...
Analysis Forecast: Expect to Retest Resistance at S$2.20 Analysis is For: Swing Trading - Generate Portfolio Alpha Supporting Technical Observations: 1. Sign of Strength (large volume on buy up day) 2. Fund Flow Index (FFI) Turned Positive 3. Stochastics Bullish reversal Stop Loss If PropNex breaks below S$1.90, expect trend continue to consolidate or...
Analysis Forecast: Expectations of Breaking 3-year High Towards S$33.00 area Analysis is For: SG Market Position Trading (Momentum) Single Stock Tactical Allocation Supporting Technical Observations: 1. Price is developing bullish character 2. Fund Flow Index (FFI) improving 3. Performing relatively stronger than STI (market index) 4. Developing Bullish...
PING AN (2318) Analysis Forecast: Expect price to stablise and retest HK$79-80.00 area Analysis is For: Single Stock Tactical Allocation (Greater China Market) Swing Trading - Generate Portfolio Alpha Supporting Technical Observations: 1. Trading at Resistance-turned-Support and High Volume Node Levels 2. Hammer Pattern 3. Fund Flow Index (FFI), Positive...
Analysis Forecast: Expect to trade higher, 1st target at US$293 Analysis is For: Single Stock Tactical Allocation Swing Trading - Generate Portfolio Alpha Supporting Technical Observations: 1. Sign of Strength (large volume on buy up day) 2. Fund Flow Index (FFI) Turned Positive 3. Relative Strength Turning but Needs to trade above Zero Stop Loss If...
REIT broke above its Key Resistance (Creek). Technically supported by outperformance against market index, increasing fund flow and Volume. Using classical projection of 2 x Neckline less Range Low, we have a upside target of S$0.81. Trading below S$0.50 will falsify analysis.
Analysis Forecast: Potential Support Level Analysis is for: SG Market Position Trading Income Portfolio Supporting Technical Observations: 1. Price resting near Fibo 50% Retracement 2. Fund Flow Index (FFI), positive divergence Forecast: Currently, expecting Short term rebound towards S$2.65 resistance area. If accumulation trading range is formed, we will see...
Analysis Forecast: Price Trend Turned Bullish Analysis is for: US Market Short-Term Trading Tactical Single Stock Allocation Supporting Technical Observations: 1. Breakout of Downtrend (Supply) Line 2. Breakout of consolidation Base 3. Fund Flow Index (FFI), turned positive 1st Technical Target US$250.00 Why this Level? 1. Key Supported turned...
BTC observed a Wyckoff's Spring * action, bullish, within the consolidation zone. And with ARKK** is trending higher, we expect to see more demand from here. If this bullish observation continues, we potentially see BTC breaks above current consolidation zone, back into Mark Up Phase. Thus, upcoming trading days are crucial to BTC....
After a strong sell off -59pts or -1.39% (supply) for S&P 500 on last Friday, 18 June 2021, this is a potential start of a market correction. Here are 2 key support levels to mark on the charts if index continues to fall. 1st Level: 3,850 High Volume Area Fibo Retracement of 23.6% 10% fall from Peak 2nd Level: 3,400 High Volume Area Fibo Retracement of...
Price showed Sign of Strength (SOS) by breaking out on the upside of the range. The past four trading also suggest that demand is dominating trading as prices closed near its day high. We may expect a healthy pullback (LPSY: Last point of Support) before price heads towards 0.69316 zone, which is also the 61.80% Fibonacci retracement level. 10D SMA will be our...
Genting SP saw strength today breaking out of its downtrend line with its Relative Strength indicator trading above zero, thus outperforming the market. FFI is also showing positive fund flow Thus, there is expectations that Genting has exited its Mark Down phase. 1st Target: S$0.95 2nd Target: S$1.00 Stop: 10DSMA Trailing Stop
Price broke out of its re-accumulation zone that started since early Sept, it continued to mark up with Bullish character (Rally with increased volume and react with low volume). Supporting the market are Relative strength showing outperformance against the market and technical indicator MACD displaying positive momentum. 1st target level will be at S$0.95...
HSI broke above its downtrend line with positive momentum and positive flow. HSI is expected to trade towards 261.8% Fibo level at 27950-28000 level. A break below 26,500 level will falsify the analysis.
Over the weekend, China PBOC announced "More Powerful"policies to help spur growth in China. However, despite the positive news, China A50 turned lower. Currently, the index is trading at a key resistance level. Confluence of Downtrend line resistance and HVN area. Thus, we expect price to retest 12,800 which is also Fibo 38.2% level. 13,700 will remains as...
Richard Wyckoff Method is a comprehensive market analysis technique that consist of laws, market structure (Cycle) principles and trading approach. There are many technique and strategies that track and analyse trends but few analyse the range itself that produce the trend. Coupled with the core principle of Supply and Demand. BTC showed that Supply has weaken...
There are many techniques written on price action (price and volume analysis). Wyckoff Method is one of techniques that relates price action with demand and supply. New to TA trades may be shaken out of the trade after observing the wide red sell off candle (or bar), bearish engulfing pattern. However, Wyckoff principles denotes the action as...