Last week I was both wrong and right. It went down, and came back up. If you had not been greedy, you could have profited from both sides. This coming week, let’s take a look at the strengths of bulls and bears for some insights. Feb 2014 closed bullishly, rewarded all those who had trusted […]

Just as we had discussed, the market last week was indeed flat but volatile (ranges up and down but going nowhere). Buy on down day, sell on up day works. Will it continue to work? Let’s take a look at the charts for clues. Monthly chart (which helps project the longer term perspective of the […]

As discussed last week, bulls had the bears nailed. Every pull backs were buying opportunities. Hope you too had taken advantage. However, if you are in the market, guess the burning question might be will last week’s bullish performance repeat itself again this week? Monthly chart (which helps project the longer term perspective of the […]

I’ve been out of action for a while. Have plenty of excuses why I had skip my market homework since 6 Jan. IT issue, workload issue, Chinese New Year preparation, and most of all, lack of discipline and determination. I am still suffering from my neck injury but I guess it is time to pick […]

At Burger King today, I overheard a conversation between a guy and a lady (coz he was so loud). He said a few things that amazed me. (1) when forex goes down, it does so in a slow fashion between 1-2 points. But when it is up, it goes up by 1000 points. (2) he […]

The seat belt was bucketed as the bears took action last trading week. Which means i was taking sides favouring the bulls. This coming week, should we tighten our seat belt or hit the eject button? Long term chart (not shown here) is still UP. When market climbing up the edge of its price envelop, […]

Never underestimate the power of greed. In last week market analysis, the market has more room to run upwards, but I expected the market to take a break before running up much higher for the week of 23 Dec. The bulls reacted stronger than expected last week. How about this coming week? As I was […]

Last week’s homework, we mentioned that it is time to switch sides and favour the bulls. Which was why I had closed off my shorts and went net long. Let’s take a look at the strength of the bulls in the X’mas week ahead. Long term trend is UP. No correction happening yet on the […]

It has been a good few weeks of analysis on UOB stock. Today marks an end of UOB stock analysis since i had closed this position last Friday. I had mentioned last week that i expected UOB to bounce last Monday but if it fails to rally back into the triangle, it will continue to […]

All gains from week of 6 Dec were probably wiped out by the bears last week. The pattern i’ve highlighted on the VIX deserve more attention then. Let’s take a closer look at it in this week’s trading homework. Long term trend is UP. The monthly candle is now deeper into the red. Should moving […]