Disclaimers :All the stocks mentioned here are the opinion of the writer and it is for reading purposes only.There are risks involved in trading shares.Do consult your licensed adviser before you trade.This blog is not responsible for your gains nor does it share your losses.The risks and final decision is still yours. Those interested to subscribe to my FOREX Trading Group/FKLI(futures)/FCPO(palm oil futures),please email me at silkyhawk@gmail.com
Monday, January 25, 2016
Hang Seng Index ---- Update.
Hang Seng Index is now unfolding the killer wave C
Wave 1 & 2 had been done....and now into subwave 3 extentions...
TP for this wave is at 15375.
P/S....the above is just my2c opinion....TRADE AT YOUR OWN RISKS.
Saturday, January 16, 2016
DJI ---Update in comparison with FBMKLCI update.
Dow Jones Index.....is now unfolding the killer wave C.....to complete its corrective wave 4.
Possible target for this wave is at....15643/15079/13452.
It is a healthy correction before the last impulsive wave 5 to moves past 18500
Other global indices that tagged along the Dow...will have the same pattern formations.
With the exception from China....the 'Tokong Waves' have been activated.
FBMKLCI.....the corrective wave 4 have been completed...and now into the last impulsive major
wave 5.
Major Wave 5 have a 5 waves formation.
Wave 1 is done( the mini bull run ) and is now unfolding the corrective wave 2....most likely a combo corrections due to the knee shake from the Dow.The FBMKLCI is way ahead of the Dow...
That is why it behaves differently and is long long time ago decoupled from it.
P/S.....the above is just my2c opinion....Trade At Your Own Risks.
Saturday, January 2, 2016
CHINA A50 CHART
NOTE
It is now unfolding the corrective impulsive wave B
The lows are getting higher(trending) confirming the last impulsive wave.
Wave B consists of a 3 waves formation....it is now unfolding the last impulsive subwave c with a tp at 12607.
The above is just my2c opinion....Trade At Your Own RISKS.
FBMKLCI --- LATEST WAVES UPDATE.
Lets welcome 2016....the BULL will be charging in...
Looking from the EW directions...corrective wave 2 is considered done...
We are now into subwave 2 of the wave 3 extension with a tp at 1789
Once the resistance at 1706 is breached...am looking at 1762 for the coming CNY.
It would be a bountiful harvest for those who pick the right stocks...Huat Arrrrrr !!!!
P/S....the above is just my2c opinion.....TRADE AT YOUR OWN RISKS.
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