MARKET SENTIMENT - 20 MARCH 2014

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US Market Sentiment

Short Term     - neutral / bearish

Long Term      -  Bullish

Those who have weak heart . My advise is to stay out of the market . Don't say I never warn you . 

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MARKET SENTIMENT - 5 MARCH 2014

No chart uploaded since no laptop to use.

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US Market Sentiment

Short Term     - although s&p500 keep on breaking new highs. My view is still neutral. my funds is still in the bond fund.
Sit back and relax .

Long Term      -  Bullish

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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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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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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?

A 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

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

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MARKET SENTIMENT - 27 JANUARY 2014

S&P 500 broke support 1800. No good. Due for correction.

Support level 1: 1760
Support level 2: 1700

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US Market Sentiment 

Short Term     - Bullish ( it may turn from bullish to bearish in 1-2 weeks; disclaimer applied)

Long Term      -  Bullish

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