Outlook for 22 Feb 2008

Just upload 4 charts, tonight DJI set to change trends. Short term STI show some uptrend. A good buy for ChipEngSeng if tonight Singapore win Youth Olympic bid! Go Singapore Go.

Outlook for 7 Jan 2008

Selling pressure still in sight. We may be see a small bull before a big bear in the next few weeks.

Outlook for 28 Nov 2007

Hi, I'm back! So far, we have quite a few bad weeks. But no fear, currently, there seem to have signs of bottoming. As long as we don't break 3312 ( last week low ). We are safe, enjoy the year end rally!

Outlook for 5 Nov 2007

Look like this coming week, we are set for another trading range movement. Overall, I look to the downside...

After Rate Cut!

Outlook for 25 Spet 07

Basically, we can see some buy strength in the markets. Therefore, current uptrend will continue but do watch out the for any weakness in buying strength compare to selling strength.
Do monitor for MACD red bars appearing.

Outlook for 17 Sept 2007

From this week onwards, I have added MACD & Stochastic into my analysis charts. Last week, I thought that the markets will end the bull run as we await for US Fed's meeting on 18 Sept (this week). But that did not happen, market made a small correction and the bull started running up again.
As for the coming week, low volume expected on Monday & Tuesday, as Asia markets awaiting overnight announcement of Fed on 18 Sept. Currently, I believe that 90% traders believed that Fed will cut rate at least 0.25%, some even projected a 0.5% cuts. As for me, I belong to the 10% group, and after the anouncement, we should see a bit of retracement started.

I don't think that US will cut rate on 18 Sept because of inflation pressure, Crude oil hit record high & both Bs ( Bush and Bernanke ) have warned that they will not help people due to stock markets losses. In addition, the market have pre-dissolved the news that Fed will be cutting 0.25%. Even if Fed were to cut more than 0.25%, it tells the market that there is a problem in US. Therefore, market are likely to be weak this week.
Oh, one more thing, buy volume are in downtrend & selling volume are in uptrend ( refer to charts. )

Result of 10 Sept to 14 Sept

For the past week, STI did not even need to test S1 a strong bull trend was still intact.