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Archive for May, 2012


S&P500 Daily chart as discussed in Webinar

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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 […]

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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.

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SMRT – found short term support

SMRT, “breakdown” after “breakdown”… oops, not breakdown, but slight delay, today formed a hammer at classical resistance turned support. The previous resistance was formed on July 2009 which is now calssical support and also at Fibonacci support. Therefore watch to see if there is a technical rebound. Do take note that to long is counter-trend, […]

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May 3, 2012 10:00AM Singapore stocks webinar with Jonathan Tan [InnerCircle]

Penny counters are running again and Straits Times closed at day high breaching the 3000 level closing at 3006. Can Straits Times break this 3030 level again to go even higher? Or it is just luring retailers into the market before trapping them once and for all? What about blue chip counters? Can they lead […]

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HKSE – NVC Lighting

NVC Lighting formed a hammer at classical support. Watch to see if there is any rebound.

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“Short” week

This week is a low volume quiet shortened week due to Labor day holidays. All eyes are now watching this Friday Non-Farm Payroll report. Until then, market can just float higher. Therefore watch your stop loss if you have any position. It should start to get exciting next week. I am so looking forward to […]

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Wilmar – been quiet for some time

Wilmar is now having a bollinger squeeze, which means it has been quietly building up some pressure. It is like a dormant volcano with quiet rumblings. No idea when it is going to burst out with fire, but one has to watch the support and resistance.

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IndoAgri – resting on support

IndoAgri is resting at crucial 200 day moving average with also coincides with fibonacci 50% support. Do watch to see if there is a bounce at this level.

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