Nothing much to post tonight
Looking at the bunch of charts, only thing worth looking is KepCorp but no reversal seen yet. I am short term (in days) small bull but am a patient bear waiting for the signal to stretch. Once Europe sneeze again, the cards will tumble. Therefore, we are in no news is good news situation. And since it is Friday, do take a good rest this weekend because you will need it in the next 1 to 2 weeks time.
S&P500 levels being highlighted in the webinar
For those that have yet to watch this week YouTube which is being recorded as webinar, I highlighted that S&P500 must not break the critical level. If you have not watch it, better watch it soon…
May 10, 2012 10:00AM Singapore Stocks Webinar with Jonathan Tan [InnerCircle]
Put on your seat belt and jump into the ride. When everything looks good to the upside, Greece pulled a fast one and threatened to scrap the bailout. Aunty Merkel is going to be “pissed” and when a woman is not happy, everyone around her will suffer. How will this affects the world? How will this affects Singapore stocks?
Join me in this exclusive webinar dedicated to [InnerCircle] only where it is less crowded and more strategies discussed.
KepCorp – testing resistance broken turned support
Previously KepCorp hit the resistance around 10.80 and went higher. Now it is back to this range again. Will this previous resistance now will turn to support? Watch to see if there are any rebound.
Straits Times – now watch to see
Straits Times now have to watch to see if best friends can become worst enemies. That would be a good place to initiate shorting position.
Market opinion emailed…
Emailed Straits Times level to pay attention. Do check your email. For those that have yet to subscribe, do subscribe to my mailing list on the right side of this page. It is free and you can opt-out at anytime.
May 4, 2012 Singapore Stocks Webinar with Jonathan Tan
This is a live recording done during the Non Farm Payroll announcement. This YouTube is quite lengthy as it records almost the entire webinar that was held, and the participants watched as Dow Jones reacted right from the NFP announcements till the start of the sell-down. Now with NFP report out of the way, does this mean that stock market is now clear to go towards the upside? Or today sell-down is just a “preview”? What will happen to Singapore stocks? Will the banks breakout be a failed breakout? Find out what it is in this week video edition.
Remember to let your friends know about this video, ChartingAcademy.com, and Facebook. Thanks.
P/S: Do take note that this recording is the market outlook for next week. Therefore there will be no YouTube out this Sunday.
S&P500 Daily chart as discussed in Webinar
May 4, 2012 8:00PM Singapore stocks webinar with Jonathan Tan (Open to everyone)
Tonight at 8:30pm, there will be a crucial Non Farm Payroll report which may or may not break the market. Will the market go higher or lower after this report? Or will it be another non eventful night? Join me in this special webinar open to everyone.
To access the webinar, just click on the link below:
And so we wait…
On Friday night at 8:30pm SG time, will be the much awaited Non Farm Payroll report. Would it be a market breaker or market cheongster? We shall see. Until then, stay cautious. I am still a patient bear.
