Monday 27 February 2012

Market Overview - 27/02/2012




















I'm still waiting for a decision.




















Will Dow Jones Transportation rebound from its support?

Friday 24 February 2012

Thursday 23 February 2012

Patient!! Break Trendline or Break Resistance?




















S&P still have not break its trendline. Holding strong.
Patient!! Break Trendline or Break Resistance?

Wednesday 22 February 2012

Took partial profit today.




















Took partial profit today. 1370 is a strong resistance. 1370 is the highest since 2008. I don't think there is a good reason for it to break and market is extremely overbought. It need to take a break 1st then go up and "chiong" again.

Monday 20 February 2012

Market Overview - 20/02/2012




















Small Huat!!
S&P has went up +8% for this year.
Next resistance to clear is 1370.
No signs of Bear seen.

Friday 17 February 2012

Testing Resistance 1350-1370 again.




















S&P testing Resistance 1350-1370 again.
Im waiting for S&P to break the resistance.
Seems like they need a very good reason for S&P to break it.

Thursday 16 February 2012

Dow Jones Transportation have broken the trendline.




















Resistance 1350 - 1370.
Support: Refer to the chart




















Something to watch out. Dow Jones Transportation have broken the trendline. A Long Black candle seen.

Tuesday 14 February 2012

Resistance 1350 is stong level.




















Seems like 1350-1370 is a strong resistance.
If manage to clear this resistance, S&P will rally.

Monday 13 February 2012

Market Overview - 13/02/2012




















Resistance: 1350 - 1370




















Something to watch out. Dow Jones Transportation has broken its trendline.

"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

Friday 10 February 2012

Buyers refuse to let the market fall




















The chart still shows there are buyers in the market. Refuse to let the market fall. Is a battle between the buyers & sellers.
1) Watch out if S&P closed below 1344.12.
2) Break of trendline.

Thursday 9 February 2012

There is still buyers in the market.




















For the past 3 days, S&P drop when the market opens and rebound back.
There is still buyers in the market.

Wednesday 8 February 2012

Tuesday 7 February 2012

Monday 6 February 2012

Market Overview - 05/02/2012




















Oh-Ho. S&P is bullish. Up for 6.8% for Year 2012. How long can S&P stay overbought?




















Seems like the post on Projected upsided i mention on 24/12/2011 is coming true. click here

Friday 3 February 2012

Strong Resistance




















S&P facing a strong Resistance, preventing it to go higher.
Watch out if S&P closed below 1320.74.

Thursday 2 February 2012

S&P still maintaining its uptrend.




















S&P still maintaining its uptrend, going strong.
No shorting opportunity seen yet.
Let's watch how long can it stay overbought.

+56% in 2 months !! 在家赚钱不是梦!!

  +56% in 2 months.  在家赚钱不是梦!!