LastBattle

LastBattle

Low probability that it'll move lower from here given the volume of selling that's declining even after FXCM was removed from the S&P 600 small cap index. It should get a nice bump into the earnings on 8/6/2015. Good place to start building a long position, from $1.1 to $1.3.

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There we go. A failure to rally above 62 led to an utter devastation, sliding below $50/brl within days scattering the hopes of bulls of a repeat of 2009 V-shape recovery. 54 was an important support level which unfortunately failed to even hold. It is now a significant resistance. Entry: 52.6 S/L: 55.39 T/P: 37~39 With other industrial commodities like Steel...

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Short your wife, kids, car, house, NASDAQ, everything! That's all I can say... China is now a bigger timebomb than Greece. A major top is being marked here with the ending diagonal. Take profit at 20% retracement by year end/2016.

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As someone living in Singapore, I've stumbled across signals of perhaps a start of a larger implosion that's about to happen in the near future. The ghost malls: In recent years, there've been a dramatic increase in the number of vacancy in retail malls including those in the prime areas such as city area. What's seen right now is even worst than 2007 prior to...

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The exchange rate of SGD/MYR have always been rising within in a predictable channel since 2006. Given that Malaysia is still the only net oil exporter, the collapse in oil price in late 2014 caused a 'disconnect' with exchange rate surging above the rising channel. Focusing on SGDMYR exclusively allows us to ignore the trend of a rising interest rate hike ahead...

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Bullish divergence is huge on this one, on every new low silver makes on the 4 hour timeframe. Grexit fears should also give gold and silver a push upwards. Entry: 15.956 S/L: 15.665 (Stops will not be hit instantly, until the price closed below 15.665 for at least 2 candles to avoid stop hunters) T/P: 17.29

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Doesn't signal a positive image of the stock market... keep a lookout of the development of XOM. It will have a relatively large impact on indices, for a stock with a market cap after Apple.

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S&P500 have been building a market top since the start of October 2014 in a rising wedge fashion. Since last Thursday (4/6/2015), it looks like it is finally ready to roll off having closed below the support line for the first time. It made a new high at 2137 in a relatively low volume but failed to push past further. This time I simply do not expect it to...

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Bitcoin surely is dying many more times than before .... AND faster than ever! bitcoinobituaries.com

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Grexit fears are currently at all time high, and this will probably translate into more gold/silver buying.

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Broken ending diagonal wedge, and currently trading within the daily MA 50 & 200 range. 5000 is also a significant psychological numeric & 2000 technology bubble resistance. It seems that the market is currently stuck in a range until contagion tears this apart to the downside. (Grexit? China bubble? US macro weakness?) I'll be expecting 10~20% correction...

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Reached the peak of the megaphone developed since January 2015. Expecting 0.5 fib pull back of the leg starting from $41.98 before resuming the uptrend to $77 range. Given that $54 have been a strong resistance earlier (and now a support), it could be a potential target to start closing short. Entry: 59.36/60.48 Stop loss: 62.65 (new highs) Take profit: 52~54

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Seeing some great potential here after a few months of sideways & range-bound movement. Breaking the red parallel lines will be pretty significant milestone for Bitcoin to escape the bear market since the collapse of the ill-fated Mt.Gox exchange. Watch these level: 1380CNY & 1530 CNY. If GBTC's listing on OTC market, 25 million itBit funding (and license),...

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If you like gold's trajectory/bullish in gold, the cheaper metal is the one to get. Silver on its own trades directionless, except that it is tracking the movement of gold. Similarly this can be seen in other markets such as Bitcoin, when considering BTC vs LTC. Except that its in a more extreme manner than the other. Since the last major bubble that peaked...

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Currently trading within a predictable range, what will really rock the boat down? Grexit; FED; oil dumping? Anyway, technically its a good low risk reward entry here. SQQQ Target 27.57 (If S&P gets crazy enough, you may wait till 33.13 to take profit)

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A pretty interesting way to look at it, spanning from the source of where it started if charting from day to day is too difficult for you. :) Always simplify and not over complicate things.

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Pretty reasonable risk reward here, could be better if it test the lower ascending triangle once more. Coincidentally, Greece debt deal will be up within the next 10 days and this might be the catalyst for the better or worst. T/P: 40.89 Entry: 34.60 S/L: 31.37 (Trailing stops by 0.04 daily)

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A perfect storm waiting to happen with the stock market of major economies like US, Japan, Europe, and most recently China reaching for new highs. The breakout of China stock market certainly doesn't look healthy at all. Money will find its way where returns are the best, when there's nothing else to invest in the real economy during a slowdown. Its a game of...