Critical week

[Speculatist]

Hi all,

 

DOW

The DOW was down 226.47 to 13716.95 level. It is very close the previous high before recent breakout 13680 level.

 

Now is the moment to watch closely. If the DOW made the new high and immediately failed to stay there, it is a good opportunity to short at around 13670 , and stop loss of course is the 13700 level.

 

If it goes back again, it is moving between 13680 to 14xxx level, that is more bullish to watch.

 

 

Local

 

STI followed again with DOW, it opened low and now traded at around 3638, as previously mentioned, 3600 level is strong support,

 

to upgrade the support level, if we see today close above 3625, tomorrow is a great rally ahead!

 

 

Day trading

 

For day traders, today last one hour is the critical moment to watch and take action once you see any abnormal moves! they are the start of tomorrow's run!

 

To day trade recently, remember to long when STI gap down, or to short when STI gap up, but do not short the big crazy bulls!!! (Like cosco, ferrochina, etc) stay away from them. Watch them running if you do not want to join.

 

 

I will be sharing several reports and views with you my friends, soon.

 

IPO

AIT is very attractive, can give it a shot!

 

Good Luck to all!