Profit taking.

S&P fail to break resistance 1200. Upper tail showing that there are selling pressure when it cross 1200. Might be profit taking since Monday had went up for ~3%.
I believe there is still somemore upside to go.

Let's hope for a Christmas rally!

 

S&P rallied +2.9%. Sign of reversal seen. I hope you all have benefit from this countertrend.
I have. Have you?
Trade Safe. Big trend still downtrend. Let's hope for a Christmas rally!

Bear in Control.

Bear in Control. S&P still at downtrend. No signs of reversal seen.

S&P. Next support will be 1120, strong support.

The next support will be 1120, strong support. Rebound can be seen at this level 1100 - 1120. I will close my SHORT position and switch to LONG position when it rebound.
Disclaimer appiled.

Hope everyone profit from this shorting.

S&P continue its fall last night after it broke 1200 support.
Hope everyone profit from this shorting.

S&P broke the 1200 support level.

S&P broke the 1200 support level. Expect more selling to come.
I'm still holding my view. Market has turn bullish in a bigger picture.
Whatever it is, we just trade according to what we see in our chart.
Unless you are an investor, buying to keep for long term. Now is the time you start buying/accumulating.
Disclaimer applied.

Are you going to BUY on dip or SHORT?

S&P had broke the trendline, is at downtrend. More selling is expected if S&P broke the support at 1200.
Buy on dip? Or short?
Are you expecting a Good Christmas to come?

Watch Out!! More selling if S&P break 1200.

S&P closed at 1216.13, -1.7%. Tonight S&P will be testing the support at 1200. Hope it won't break the support if not there will be more selling. I'm still holding my view. Bullish.

Mr Market will tell us the answer soon.

What is happening now? Most people are bearish. Think I am one of the fews who are bullish for the market in the long run.
Mr Market will tell us the answer soon.

Bull or Bear? Which animal you choose?

Bull or Bear? Which animal you choose?

Monti to form new Italian government. http://www.marketwatch.com/story/italy-seeking-new-government-berlusconi-successor-2011-11-13

Bull Market!

I believe the Bull have come back. I feel more bullish than bearish. This is just my opinion.
Have a great weekend.

Let's Us Smile !!

Our Courtesy Campaign... A simple ‘thank you’ is always much appreciated #MakeSomeonesDayRmb to say Thank You to someone and you may make his/her d

S&P end up on Berlusconi plans to quit.

S&P end up on Berlusconi plans to quit. http://www.marketwatch.com/story/us-stocks-start-with-gains-italy-to-vote-2011-11-08
I not trading S&P at the moment.  From the chart, the risks/rewards is not there and it approaching a resistance. Don't feel comfortable to trade S&P unless it pull back.
Currently, I shorting USD/JPY.

S&P still looking for direction.

S&P still looking for direction. Wait patiently.

Bear to Bull Market?

If S&P can form another Higher High Higher Low, the market will turn from bear to bull market.
A new and clear trend will be form. But who can predict the future, Euro still have alot of issues to solve.
Your Chart is Your Best Friend.

S&P rally and closed @ 1261.15, +1.9%.

S&P rally and closed @ 1261.15, +1.9%.

I got stopped out @ 1243.14.
Total points made: 4.66.

Remember today is a Friday and anything can happen during the weekend.
If want to trade, enter small position.

G20 Meeting, 3 - 4 Nov 2011. Market are lower ahead of G20 meeting expect SSE.

Market are lower ahead of G20 meeting expect SSE.

Book Partial Profit @ 1226.20

Book partial profits @ 1226.20.
Total points made: 21.6
Small Profits.

Short S&P @ 1247.80

S&P closed 1253.3, -2.5%.

MF Global Files for Bankruptcy on Bad Euro Zone Bets. http://www.cnbc.com/id/45103504

Short S&P @ 1247.80 this morning.