Tuesday 22 May 2012

Technical rebound?

S&P rebound +1.6% last night.
Take partial profit along the way as market is oversold but oversold can remain oversold. Best is to have the money in the pocket.
Remember to exit your trade when the trendline is broken.
I will be looking to short in the next 2-4 weeks.
Disclaimer applied.

Sunday 20 May 2012

Market Overview - 21/05/12

Bingo!! Have you shorted last week? Any rebound will be shorting opportunity.
Refer to my previous post. market overview 140512
Disclaimer applied.

Sunday 13 May 2012

Market Overview - 14/05/12

Sell in May and Go Away. Im looking to short once it break its support.
Disclaimer applied.

Wednesday 9 May 2012

Lower tail seen

Long lower tail seen. There is buying pressure last night. Still waiting patiently.

Tuesday 8 May 2012

Sunday 6 May 2012

S&P down -2.4% for last week.
Sell in May and Go Away? Let see what happen this week. Is good for a correction then I will have more "meat" to Long if correction comes.

Wednesday 2 May 2012

Testing Resistance 1423 again

S&P going to test its resistance 1423 again. There is a upper tail meaning there is a selling pressure when approaching resistance.

+56% in 2 months !! 在家赚钱不是梦!!

  +56% in 2 months.  在家赚钱不是梦!!