Monday 24 February 2014

MARKET SENTIMENT - 24 FEBRUARY 2014

Laptop crashed. 

I have updated 3 weeks ago that short term market sentiment have turned bearish.

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US Market Sentiment 

Short Term     - waiting for confirmation. It will be either a BIG UP or BIG DOWN. Watch out.


Long Term      -  Bullish

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Resistance level: 1850

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SG Market Sentiment - 

Short Term     -  Bearish


Long Term      -  Bearish

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Monday 10 February 2014

MARKET SENTIMENT - 10 FEBRUARY 2014




















Resistance level 1: 1800
Resistance level 2: 1850

Support level 1: 1750
Support level 2: 1700

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US Market Sentiment 

Short Term     - Bearish


Long Term      -  Bullish

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Saturday 8 February 2014

So what is support?

I have enquiries asking me what do i mean by support level.

In my previous post, i mentioned 2 support level 1750 & 1700 to watch out, market-sentiment-3-february-2014.

So what is support?

support level is a price level where the price tends to find support as it is going down. This means the price is more likely to "bounce" off this level rather than break through it. However, once the price has passed this level, by an amount exceeding some noise, it is likely to continue dropping until it finds another support level.

http://en.wikipedia.org/wiki/Support_and_resistance#Support


Monday 3 February 2014

MARKET SENTIMENT - 3 FEBRUARY 2014




















S&P 500 did not manage to stay above 1800.
Month of Jan down by -3.6%.

My short term sentiment have turn bearish. please take note.

Support level 1: 1750
Support level 2: 1700

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US Market Sentiment 

Short Term     - Bearish


Long Term      -  Bullish

*******************************************

Disclaimer applied.

Share with your friends if you have benefit from my blog. 
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+56% in 2 months !! 在家赚钱不是梦!!

  +56% in 2 months.  在家赚钱不是梦!!