Hi Shorties, if you have shorted 12 days ago around 1301-1306.. you would have gotten a fat reward yesterday when gold drop > 25 dollar and whether i should feel surprise or not i really dont know but the price just found 1st support at the bold blue which is drawn previously. (attached below) By right it should plunge straight down to green channel bottom of...
Just making a simple observation here. I understand that XLU is a defensive sector when market is having some turmoil or uncertainty. Comparing the ratio of XLU/SPX to SPX, i noticed that in 2000 just before Dotcom bubble burst, XLU/SPX ratio is at the lowest. For the next 4 months, SPX made another top but XLU/SPX has made a higher low suggesting that fear had...
QE has been announced in Europe. Could it propel the european stock markets to All Time High like what Fed did to US stock market? Indicator are lining up at the acceleration line.. lets get the stop clock ready..counting down :-)
After 11 days of consolidation in diamond, price broke down of it again last night. Can the immediate blue horizontal support (both price and RSI) be able to discontinue the continuation down?
In a not sure situation, i choose to stay out. Be it a miss trade. :-)
i suppose 5 weeks ago, i posted this when my 320 Call options were triggered. I just sold the call options..NOW Bullish divergence was already developing then i do know it will gap up but it just gap up too much, i am shocked! Anyway, i look forward to see that big gap fill which is around 436-438...which will be my sell zone!
Ding Dong Ding Dong more stable than my heartbeat :-) What a dark cloud!
One month ago, I saw this huge downtrend channel. I am prepared for "false" breakout. In the middle of this week, I see some "Dark Cloud" forming with a spike.. I have got my big sturdy umbrella ready.. are you? I could be deadly wrong in my shorts :-)
Eh....Gann level at 50% was rejected, and trendline was broken! NO worries, SOS received by Draghi and he is on his way to save all on 22nd Jan. Stay tune!
Oh dear, when i posted NFLX a month ago.. things was extremely bearish, aint it? :-) As you can compare to my previous post, i keep all the tool intact, even the speculation on price movement and potential gap up when earning reports release in 7 days time! (It could be a gap down :-)) I am lucky this time, even the blue highlighted oval of retest 319.22 is...
7 days ago, i posted this stock. as you can see that i keep my speculative price movement
Eh... i am not sure there is direct relationship between Swiss Franc and SPX. or not. but if it does, that would be something to reckon with But i really want to deny this ratio for the time being..
DAX has broke out on the 10000 mark. What's happen to NYSE composite index doing in the triangle there? Who is going to lead who? Dax bring out the best of NYA or NYA bring out the worst of DAX?
Price of crude oil has engaged in this thin downtrend channel since my last post on Last Bear phase I notice a small ascending triangle. whether this bullish divergence has strong horsepower to push through 50 will be worth noticing. Immediate resistance base on 20EMA is around 51. Should there be a candlestick bearish pattern happening around this three EMAs,...
The iShares MSCI Global Energy Producers ETF seeks to track the investment results of an index composed of global equities of companies primarily engaged in the business of energy exploration and production. Exposure to companies that engage in the exploration and production of oil and gas, or in the production and mining of coal and other fuels with my humble...