JackBauer007

JackBauer007

STI had briefly broken down below the broadening pattern and quickly recovering back. If it stays inside the pattern then we should see it reach the top of the pattern. If not, it is headed for the previous long term support as per the pattern target. But in reality, it might do neither. I am assuming it will do a partial pullback inside the pattern and then...

JackBauer007

H&S Spotted on Gold. Needs to break below the neckline to confirm. Disclaimer: Not a recommendation to buy or sell.

JackBauer007

Consolidating after the big move. It needs to stay in the triangle for this to play out. There is also a possible H&S top pattern forming.

JackBauer007

SGX has broken out and has been very strong. While most stocks trading below 50% retracement levels from the previous highs, SGX has already taken out the previous high and now looks like headed higher. Disclaimer: Not an advice to buy or sell.

JackBauer007

Currently it is forming the right shoulder. This gives a good opportunity to buy near the support and hold. The risk is low in case it breaks down. Reward is high to reach the H&S target.

JackBauer007

BTC is consolidating in the long term triangle. Wait for breakout sometime this year.

JackBauer007

SGDINR is trading in the 50.1 to 53.89 range (shown in the box). It will continue to be range bound until there is a breakout. I anticipate an upside breakout eventually. The target then will be the equivalent to the box height. But the timeline will be much shorter. NeatTrade

JackBauer007

Look at the trend lines! Long term support is approaching. Will be interesting to see if it holds. The selling momentum has been very high. However, there is a small possibility of a bounce here, even if it has to breach eventually.

JackBauer007

Such a beautiful rounded bottom on Gold Monthly. Even after the pullback last week (read corona crash!) it managed to stay the course. As long as it doesn't violate the ARC, it is headed for the previous highs. There might be some resistance but it should eventually break and go berserk! That is my view. Please do comment and let me know your views.