Market Overview - 31/01/2012

Selling pressure seen. Might be profit taking. S&P rebound once it hits 1300.
Long is at a higher risk. Short will need confirmation tonight.
Trade safely.

S&P is due for correction soon.

S&P still maintaining its uptrend.
S&P is extremely overbought. Is due for correction soon.
Trade safely.

Watch out if S&P closed below 1313.52.

Market is overbought.
Watch out if S&P closed below 1313.52.

Market Overview - 26/01/2012

1. WASHINGTON (MarketWatch) — The Federal Reserve on Wednesday pledged to hold interest rates low until late 2014, a move that surprised markets and showed the central bank is still worried that economic growth is at risk of faltering.
2. The Fed opened a new era of transparency, releasing for the first time the projected path of rates by its 17 members and set a specific inflation goal of 2%. But it was extending the timing of the first rate move that overshadowed all the moves.
click here

Watch out if S&P closed below 1307.4.

Market Overview - 25/01/2012

S&P closed flat again, -0.1%. Sharp drop in the opening then slowly pick up.
Look likes S&P refused to goes down.
Watch out if S&P closed below 1305.9.

Indecisive to go up or down.

S&P closed flat. indecisive to go up or down.
Happy Chinese New Year. Enjoy your day!!

Have you gotten your ANG POWS from Mr Market?

Wow. S&P have gained 4.5% for 1st 3 weeks of Year 2012.
Have you gotten your ANG POWS from Mr Market?
Market is BULLISH.

Rememer my post on Dow Theory on the 01/01/2012. I mentioned that if resistance is break, market will be bullish. click here

Projected upside i mentioned on 24/12/2011.click here

Market is overbought. Time to take profits!!

HUAT LA!!

Huat la!!
Watch out if S&P closed below 1303.62.

Market Overview - 19/01/2012

Finally broke resistance 1300. Today will be the confirmation.
Watch out if S&P closed below 1290.69.
If you have been following my "watch out" level, you should have earn quite a fair bit of profits in year 2012.
Huat to everyone.
If you have benefit from my blog, please share it with your friends.

Market Overview - 18/01/2012

Resistance 1300.
Watch out if S&P closed below 1290.62

Market Overview - 15/01/2012

S&P hits euro zone with downgrades. France loses triple-A, Italy, Spain and Portugal cut by two notches. click here
Take Note:
1. Selling Pressure seen on friday although S&P able to close above 1285.48. click here
2. Resistance 1300
3. S&P is overbought

Market Overview - 13/01/2012

Resistance 1300.
Watch out if S&P closed below 1285.48.

Market Overview - 12/01/2012

Watch out if S&P closed below 1283.92.

Resistance 1300.

S&P is bullish. Resistance 1300.
Watch out if S&P closed below 1279.71.

Market Overview - 10/01/2012

Watch out if S&P closed below 1272.21.

Market Direction still unclear.

S&P rallied +1.5% on the first day of 2012 then flat thru-out the week.
Market direction still unclear.

Market Overview - 06/01/2012

Watch out if S&P closed below 1265.04.

Market Overview - 05/01/2012

S&P closed flat.

Break resistance means bullish. click here

Market Overview - 04/01/2012

Watch out for the break of resistance.

A rise in the Dow Jones Industrial Average must be "confirmed" by the Dow Jones Transportation Average in order for the rise in the market to be sustainable. Dow Theory

Dow Jones Transportation. Let's HUAT in 2012 together!!

Dow Jones Transportation.
Break resistance means bullish. Break trendline mean bearish.
Happy 2012!!
Let's HUAT in 2012 together!!