Market rallied higher again. How long will it continue to rally? Let’s see what the chart says. On the weekly charts, the vitals are all looking good, signalling the trend is UP. There’s more room climb with a good potential to hit new high. On the daily charts, RSI reading led me to believe the […]

Prices move higher. Is that the end of correction? On the weekly charts, RSI is moving upwards. EMA is about to cross. If EMA fail to cross, it means all action from last two weeks are just a bounce from a down trend. If it crosses, end of correction. On the daily charts, prices still […]

This week’s Strongerhead Weekly Financial Market Analysis report came a day late as I was not in town the last couple of days. Went to Phuket for a short getaway with my wife as her “honeymoon”. I under estimated the ultraviolet (UV) radiation emitted from the sun while I was at Phuket, and turned into […]

Market rallied the first two opening days of the trading week into the resistance zone, and prices pulled back lower than its previous low, currently sitting slightly below its support zone. The June monthly candle is the first red candle in the last 6 months. RSI still sitting within the green zone – the market […]

Another quick ‘case study’ on how Strongerhead set up can be used to perform financial homework on commodity like Crude Oil. Crude Oil & USO weekly MACDH is showing sign of divergence. RSI is moving within a range signaling Crude Oil is trading side ways. Crude Oil & USO daily has reached the top of […]

I seldom share my analysis on Singapore market. Just wanted to demonstrate how Strongerhead set up can be used for trading homework to plan your course of actions. STI weekly (as below) and daily chart (not shown here) are currently down. Prices broke out of its price envelop, which means prices are undervalue at the […]

A second buying opportunity came when prices broke down last week. This time around, I quickly got out the next day to capitalise on the gains. As the market gets funkier, trading time frame gets shorter to reduce a trader’s risk. Let’s see if the market is still funky next week. It’s been some time […]

Nice rally on the first trading day last week, which offered good shorting opportunity as discussed last week (http://strongerhead.com/?p=2909). The nasty two days of bearish move on Tue and Wed presented nice profit for the shorties before it vanishes by Fri. I took mine only on Friday as I got stopped out by the price […]

The bulls did fight back, but in an ugly fashion on the first trading day of the week. When that happens, you must run to be safe than sorry. Bears firmly in control by Friday’s closing bell. May monthly candle closed UP (Chart not shown). Long term view is still in bullish territory. On the […]

The pull back did happened last week as anticipated. Is this the start of a reversal? Let’s see what the chart has to say. We are a few days away from month end, and looks like May is going to close on a positive note on the monthly chart (not shown here). RSI is still […]