Market Update

The uptrend in the global market may have reversed to downtrend, at least in the short term.

The S&P 500 index may have reach it peak on 26/01/2018 at 2873 and is currently travelling in a downtrend channel. It hit a lower highs on 27/02/2018 and may test the support at 2580.

It is also in the process of forming a double tops with neckline at 2580.

The German DAX index is clearly in a steep downtrend and is also testing the neckline of a double tops at 11800.

Similarly, the STI may have reached its peak on 24/01/2018 with a lower highs formed on 27/02/2018.

A head and shoulder pattern is in the process of forming with its neckline at 3353.

These are signs that the 10 years bull market may have ended and give way to the bear market.

I am staying at the sideline to watch who will emerge as the clear winner before I enter the market again.

If You Are Not Patient, You Will Be A Patient.

Market Outlook

Today, most Asian and the European markets rallied strongly following gains in U.S. equities overnight after Fed chair Janet Yellen struck a dovish tone in a speech to the Economic Club of New York.

She totally contradicted the four Fed presidents who spoke last week of a sooner than expected rate hike. She also noted the mixed readings on the strength of the U.S. economy since the beginning of the year.

The DJ closed exactly at its resistant line as shown in the chart. It needs to break this resistant line in order to move higher.

2016Mar-Dow Jones Averages Industrial Average-800x600

Coincidentally, the STI is also near its resistant line. It too need to break this line to go higher.


This Saturday, I having 2 seminars – Unit Trust Investing Seminar and Ultimate Sniper Stock Trading Course Preview, and is looking forward to meet up with the new batch of students.

I will talk more on the market outlook during this Saturday seminars and if you are coming, do bring along some writing material. See you!

The Money Is In The Chart.

Market Outlook

After the US Fed increased the interest rate on Wednesday night, the S&P 500 had a big fall for the past 2 days. The market reaction is negative and it looks like it is heading down again.

2015Dec-S&P 500-800x600

The European and Asia markets also reacted negatively to the increase in interest rate.

Hence, I will follow the general market reaction and short the market from tomorrow onward.

Enjoy the fast ride down!

Market Outlook

These few weeks I have been busy working on a trading course for the mass market as I will be shifting my focus on them for next year. I will help these group of people to earn an extra income from trading especially when the economy may not be rosy in 2016. Hopefully, I will be able to launch the course in January 2016.

I had also just concluded another batch of Ultimate Sniper Stock Trading course over the weekend. These new batch of Sniper Traders will be able to catch the new wave in the market after tonight.

Tonight will be interesting as the US Fed concluded their 2 day meeting and is widely expected to increase the federal fund rate the first time since 2006 by 0.25%.

I will be watching closely for the market reaction after the announcement.

Right now, the S&P 500 had recovered and is resisted by its previous high.

2015Dec-S&P 500-800x600

The Germany DAX is still in a downtrend and ECB did not expand but only prolong their monetary policy.

2015Dec-DAX (Deutscher Aktienindex)-800x600

The STI is very weak and is slowing drafting down.

2015Dec-Straits Times-800x600

Market Outlook

Today will be an interesting day for European market as the ECB is widely expected to increase its QE measure after the central bank monetary policy meeting to combat the deflation pressure and sluggish growth in the European economy.

I hope that Draghi will be able to come out with innovative and bigger stimulus measure to effect growth in the European region. This will inject some steroid for the bull to continue to run till next year.

2015Dec-DAX (Deutscher Aktienindex)-800x600

Market Outlook

Yesterday night the US markets all shot up after the release of last month Fed meeting minutes. Market participant interpreted the minutes as likely the Fed will hike its interest rate in December.

Currently the S&P 500 looks bullish. It is well supported and went up again yesterday.

2015Nov-S&P 500-800x600

Likewise for Germany DAX, it is well supported.

2015Nov-DAX (Deutscher Aktienindex)-800x600

For STI, it looks weak and still in a downtrend. Hopefully, the rally in S&P 500 will pull it up.

2015Nov-Straits Times-800x600

Market Outlook

Currently, the STI is still in a long term downtrend and is very bearish now. Its first selling wave was started on 27 October 2015. And the current second selling wave started on 6 November 2015.2015Nov-Straits Times-800x600

This week would be a very fantastic one for shorting and I expect to receive my early Christmas present again this year from Santa Clause (the market).

I would short Genting when market opens on Monday as it had announced an atrocious set of result last Thursday. The company is bleeding and the stock is dying.

Just short it to enjoy the fast ride down!2015Nov-Genting Sing-800x600

Stop sell or sell only using CFD @ 0.77
Stop loss @ 0.85

In Trading, You Either Lose A Lot Or Win A Lot.

Market Outlook

Currently, the STI is flat.2015Nov-Straits Times-800x600

S&P had hit the resistant and came down yesterday.2015Nov-S&P 500-800x600

Likewise, for Germany DAX.2015Nov-DAX (Deutscher Aktienindex)-800x600

Right now, all eyes are at this Friday US non-farm employment change and its unemployment rate. Whether the global market will break their resistant level and run again or they will turn back down depends on these number to be announced tomorrow evening at 9.30pm Singapore time.

This Saturday, I will be having the Ultimate Sniper Stock Trading Course preview for the last intake this year. Graduate will be equipped with a superb trading skill in time to catch the Santa Claus Rally. See here how this world class trading system catches all the BIG moves in the market.

If you aspire to be a successful trader and own a simple, easy to use and uncannily predictable trading system to help you to generate profit in any market condition and direction, register for the seminar here.

Four Good Trades A Month Will Replace Your Income

Market Outlook

Yesterday, the US Federal Reserve hold off from increasing the interest rate and signaled an increase in interest rate is still possible in December 2015.

Many are confuse with the Fed mixed signal. Thus I decided to do a market outlook here according to chart analysis.

After going up for 3 weeks, the global market need to take a rest.

STI had hit the resistant line and came down for the last 3 days.2015Oct-Straits Times-800x600

US S&P 500 and Germany DAX will hit the resistant line soon.2015Oct-S&P 500-800x600

2015Oct-DAX (Deutscher Aktienindex)-800x600

I expect the global market to experience a selling wave soon.

This Saturday, I am having a Unit Trust Investing seminar where I will teach how you can use my Unit Trust Investing system to extract profit regularly from the global market to double your idle CPF and cash once every 3 years in a safe and steady manner.

I will also highlight which Unit Trust fund to look out for to catch the next rebound in the global market to maximize your return.

One Good Investment A Year Will Secure Your Golden Years

Market Outlook

This week, as always, the market moves accordingly as predicted by my Ultimate Sniper Stock Trading System. 

As show below, the STI will resume its uptrend movement. 2015Oct-Straits Times-800x600

Do take note of the S-chip in Singapore market. They are rallying as recently China announced the market correction in China is over.

Tomorrow, I will be going for a 9 days all expenses paid for holiday (paid for by the market). Till I come back from my holiday, you have an enjoyable ride up and profitable trading week ahead!

Do check back again on 25/10/15 for the hottest stock to trade.

1 2