SteveTan

SteveTan

Pohkong price have been surging up for > 30% for past 6 months due to gold price. As gold price might be in “consolidation” probably “triangle range” for few years. So will pohkong..

SteveTan

AAPL, apple as world largest market cap stock in the world benefiting from “low rate” for past 40 years. Howard Marks have “ warned” the end of 40...Probably capitalist might take few years ( consolidation in most equities market) looking for “new boss”.?

SteveTan

Tenaga, as “main contributor” of KLCI Index probably “bottomed” so as KLCI. It’s wave a (green) of triangle already done few months ago and now “halfway” trending up to wave b (green) of triangle where 11.500 +/- is possible its wave location..

SteveTan

SP500. What market “let me “see” and “tell”;me what to do”? To have “unbiased/ independent thinking” Trade what we “see” first and then what we “think” second. I was “pessimistic” also like most traders that SPX will drop to min 3000 or lower. More importantly I know “exactly” where is my stop lost.SP500.

SteveTan

Gold. Whether it is forming a reversal or continuous “wedge pattern”.?. “time/cycle/speed” will tell..

SteveTan

Dollar index next major support Is 102.80 +/-. A confluence zone of 1) Trendline 2) Demand Zone. So.. probably some “deep pullback” from SPX and gold.

SteveTan

Tesla’s stock price have broken 135 +/- major support. The next stop probably will be 64 +/-..

SteveTan

Gold have “evolved” from cup to spoon & handle pattern or “famous” VCP pattern or “triangle pattern”..

SteveTan

Tesla. How to “estimate” roughly its Cycle ( the x- factor of any charts) with sine line and Fibonacci levels as shown on chart. Beside ( the y-factor) the price geometric of any charts with elliottwave theories.

SteveTan

US dollar. The “power house “ of current capitalists..The “slaughterhouse” of Most commodities/ equities market” especially emerging countries’s market etc..What its next moves? It’s probably “hitting” its target @ 114.778..And built its multi months supply Zone @ 110 +/-.. That meant = Equities market + Gold/Silver probably “relieved” from further drawdown for...

SteveTan

So we have "valid trendline" resistance setup trade? After (hawkish) comment from FED?..The whole world is "watching" Fake "trendline" breakout?! ( so who is going to "lose money?")..Not all trendlines/shapes/form was "created" "equally" we got to check "the now" speed / z -factor" whether "the connected dot/ lines/ shapes" will work in " future"..

SteveTan

Mark Douglas : We don’t need to know what is going to happen next in order to make money = Everything happen now / at the moment ( The effects) are the (The Cause) by the past . And everything happen in (the future) are ( the cause) by now/ at this moment..So focus “now moment”..As traders need to “update” his/her “trading ideas” very often..

SteveTan

Purely personal opinion. If you earned it’s due to your good insight/ you have money to invest. If you Lost is none of my business.

SteveTan

For Studies Purpose ONLY. Malaysian have just voted and celebrated for their new government with its stock index surging >5%..BUT it probably need “some time” to “reformatting” the “bad hardisk’s sector” left by previous....

SteveTan

For studies purpose only. Topglove possible next 1 years plus roadmaps..

SteveTan

DNEX probably completed its zigzag correction ABC ( Red Circled).

SteveTan

So! Gold and equities market went to “Eureka moment!” Yesterday night. As US latest CPI reading lower than expected. That give FED to less hawkish to do only 0.25 in Dec and “halted” after that?.. maybe not..Maybe the near “collapse” is not about “inflation/CPI”..p/s there is only abc 3 subwave inside any impulsive waves not 5 waves in written “Textbook”..

SteveTan

Tencent stock’s downtrend price probably stalled @ confluence zone of 1) lower support of parallel line 2)Demand Zone