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Wednesday 26 December 2018

DOW should locate it own support point and rebound

For the past 2 years no time to update my blog.

Recent down side scare off anyone.  Recently I wrote a short note on my facebook about recent market.

Today, I posted:

Sunday 11 February 2018

Rebounding indicator

My investing & trading friends, hope you did profit from the recent up trend and last week sky diving.
Major markets are support by either 200MA or major suport.
  • US - 200MA
  • Europe - Major support 
  • Asia - 200MA except for Hang Seng
200MA is XXX (you guys called them experts) pyscholgy level. It should not break. If it break, it has to go back above that 200MA level between 10days, otherwise......
Looking at those charts plus VX, there should be a rebound. How this rebound like ...sideway, back and set another new high...or....拉高布空. There are 3 possibilities.
My advise is trade what you see and not what you think. And observe all those you guys so called the experts said plus the people (retail investors) around you. All the while, I don't follow the crowd.  Remember what the experts said during Brexit and Trump's US election?  Remember experts kept saying market is going to have a corerection, and markets kept going up and set new high..... 
Lastly make sure you have a stop loss.