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If you had not shorted today, with Dow Jones currently at -203, there is a very high chance it will gap down tomorrow. Do take note that at 5:00pm today, Dow Jones futures is only less than -100, which means bears attacked stronger than expected. I will also be looking to take my profits off the table as Friday is Non-Farm Payroll, which means anything can happen. Can it gap lower? Of course. But it also can gap higher too. I rather enjoy my profits and will deploy my rested soldier for another battle the next time. One thing you may want to pay attention is bear flag. If you see a bear flag, that means your opportunity will be just around the corner. Remember, during the formation of the flag, the price will be small candle and drift higher with lower volume. That would be a good clue and letting you know to get ready. Not fire immediately, but get ready.

If you are in Capitaland shorts based on my email alert, just set a trailing stop or a break-even level. Remember, capital preservation is your up-most priority. Basically right now, you should not lose anymore.

For those that are looking to long SembMar, do remember the previous story about SIA giving out a 1.20 dividends. Even the dividends cannot even cover the capital loss. You have to ask yourself why “they” want to get out now especially when it is so close to XD when “they” will be paid for their shares, but choose to get out now…

Therefore, there will be no email alert out tonight as it is not that safe, but there are pocket of shortable counters if you can take the risk. And please don’t tell me that you will never short because you don’t know how. YOU are a business person. There is no such thing as “I don’t know” in this business. If one don’t know, then they will pay for it very expensively to the market.

No wonder my antenna has been twitching as per highlighted in YouTube. Yes, the Capitaland entry is still valid, but SembCorp entry is a lot higher (hence more profits) as price went higher previously. Apologies if I woke up late this morning unable to alert exactly, but guess everyone should have known about the situation if you have been following my YouTube. I really thought Dow Jones would have showed some signs first, but Asia beat the market first. Right now, am enjoying my favourite counter shorts profit and monitoring the banks. Banks are at crucial support and yet to crack that support.

I received an email asking me to explain my blogs and YouTube in more simple terms so that more people can understand it, such as what is bearish engulfing, overbought, consolidation, etc etc. I apologies for that as I am using Technical Analysis terms, and those terms are a common terms used and it is not “chim” words. If I go more simple to understand English, I am afraid that I will be more “lor soh” and the YouTube will be in hours, it will be just a turn off. I assured you that the words I used are not “chim” words.

If you want to really master TA, then if you can understand what I am saying below, you are already in the first step towards that direction. That’s how hard it is to learn technical analysis.

Felicitaciones por tomar la acción para descubrir lo que esto significa. Ya estás en la primera etapa de éxito como usted ya tiene la capacidad y la voluntad de aprender. No deja de aprender y permanecer para siempre humilde.