SteveTan

SteveTan

Apple probably give us rare change to have its "new" phone with more than 20% discount with "unprecedented" rare chance to have its phone "appreciate" more than 40%...

SteveTan

KLCI on last "pull back" since 2014 down trend. What "Big Plan" after 12 August 2023 State Election?! KLCI currently at wave (c) (red) of expanding flat pattern (a)(b)(c)(red) = After completing wave (c). Price will down to 1300 +/-.

SteveTan

After reviewing SPX smaller time frame chart and referring back to the "bigger pic". SPX probably at its top "temporarily". P/s. There are many gurus/ textbook written "documented" that E.G : "Market is unpredictable";' Never try to predict the market".. BUT but.. not just Option / Future trading instruments but many others instruments "are designed" for "Big...

SteveTan

US Dollar aka DXY start bouncing up above 105.. So what will happen to Gold, Euro, Equity market?

SteveTan

Wave 2 (cyan) is expanding flat ABC ( yellow). So highly possible more "shakeout" from both side.

SteveTan Updated 

The King of cash. The US dollar waiting for his “prime time” to..?! “who” And “when” will be “the new king” will have the new “crown”...probably the E...

SteveTan Updated 

DXY / Dollar Index is forming a "bullish triangle" (cyan) within a larger "bearish triangle" ( yellow).

SteveTan

Dollar Index will "back to " > 110 sooner or later. It's currently forming a bearish triangle in wave b ( Green Circled).

SteveTan Updated 

Gold is forming a bearish triangle where price ranging within 1940 - 1910 ...forming a "base" for a "drop" toward 1888 +/-...

SteveTan Updated 

Gold is forming a bullish triangle. = which is building a "base" for rallying up to 2020 +/- = taking out all short selling on "inducement zone"...

SteveTan Updated 

Gold's Price already broke 1st daily order block @ 1907.42. so..so!!! High probability price will reach the next order block which is @ 1870 +/- just to "fill" "The Imbalance/FVG"..

SteveTan

Checking from the latest internal market structure, gold have probability @ temporary bottom. Long gold at around 1900 +/-.

SteveTan Updated 

SP500. is it bottomed or not yet bottomed? I don’t know. I only know where is my stop lost level..Asked And find answer from Mr. Market. They said treat trading like doing business = maybe in Money management might be correct but not all. E.g ..Don’t never ever try “ not compromised/manipulating” with your client / supplier as you did with Mr. Market. You always ...

SteveTan

SPX seem like forming a "bullish triangle" ABCDE (yellow) on wave (B)(cyan/light blue). Now at wave D (yellow) of triangle.

SteveTan Updated 

Tesla's price now @ confluence zone of resistance 1) thin yellow trendline 2) horizontal resistance price 2)Long Term Median Line of parallel channel ( dotted white). A potential drop of 18.62% toward 190 +/-...

SteveTan

It seem like 288 level is the "hurdle" that Tesla Car need to "overcome" before it fuel up smoothly.

SteveTan

HapSeng Star. Where its current owner is the nephew of the founder. ( The Founder have no children) . Which "start" Business as Palm Oil Plantation In EAST Malaysia where it grow "Too big" to "have many Benz truck/lorry" until it has xxxx to xxxxx "Dealership" for Benz car not just in Malaysia but Asia and Europe..

SteveTan Updated 

Gold probably just completed wave (e) (Red) of expanding triangle pattern on wave iv ( green circled)