Comment : 1) DDX+ indicator - uptrend fund candlestick, overall inflow of fund 3) MCDX+ indicator - banker bar has increasing while retailer bar has disappeared 4) SWIFT broke out downtrend line on 21st Sept with large spike in volume. Looking forward SWIFT to reach our TP at 0.585 & 0.665 Support & Resistance : R : 0.585 & 0.665 DISCLAIMER : Analysis above...
Comment : 1) TrendX+ indicator - candlestick wandering above trend line , mid-term uptrend 2) DDX+ indicator - fund candlestick is above zero-axis, overall inflow of fund 3) MCDX+ indicator - strong, banker bar has increased to 58% while retailer bar (turquoise) has vanished since 12th August 4) KGB broke out Neckline A on 16th August with large spike in...
Comment : 1) FundFlow+ indicator - Fundflow candle still going through below zero/negative flow area 2) Tricol+ indicator - Weak, banker bar has very little while retailers bar (turquoise) has more than 50% 3) IF MRDIY able to broke through above neckline f, in that case target 1.500 is no longer relevant Support & Resistance : S : MYR1.500 R : Neckline f &...
Comment for daily chart : 1) TrendX+ indicator - moves above green mid-term trendline. 2) DDX+ indicator - moves above green trend-cross and also zero-axis. 3) MCDX+ indicator - banker bar (red) getting stronger while retailer bar (turquoise) gone since the first BO of Neckline A. 4) The circles indicate higher volume activity. Support & Resistance: R :...
Comment : 1) UK100 has fell below Neckline A and closed the week at 7018.61. Although UK100 has BO the neckline for several times before, but those one still able to close above the neckline. Unless UK100 could rebound to above Neckline A, else it would face another round of downturn below the neckline. Support & Resistance : R : 6355 +/- DISCLAIMER :...
Comment : 1) Due to USD getting stronger, and Japan still maintaining its ultra-loose monetary policy, caused yen's depreciation to 24-year low. 2) TrendX+ - candlestick moving above green trend line, still mid-term uptrend. 3) DDX+ - fund candlestick is moving above zero-axis and green uptrend cross, indicating mid-term uptrend. 4) MCDX+ - strong, banker bar...
Comment : 1) SPX has fallen since it false breakout (FBO) in mid-Aug. SPX, the first to have Bull signal among US major indices, finally shows up Bull signal on last Friday (14-Oct), indicating a short-term rebound. Short-term supporting price is lowest of 14-Oct that is 3579.68, this point must not be broke else the rebound will be ended. 2) TrendX+ indicator...
Comment : 1) Market correction is predicted, at least, to 28638 Support & Resistance : S : 28638 Remark : - length of ab = cd = de DISCLAIMER : Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and...
Comment : 1) TrendX+ indicator - candlestick wandering above trend line, mid-term uptrend 2) DDX+ indicator - fund candlestick is above zero-axis, looking forward breakout trend cross resistance 3) MCDX+ indicator - Strong, banker bar has increased to 74% while retailers bar (turquoise) has vanished since 21st July, same day as the W-bottom breakout Trendline B...
Comment : 1) TrendX+ - candlestick has broke down the red mid-term trendline indicating a mid-term downtrend on-the-go 2) DDX+ - mid-term downtrend, take precautions if broke down zero-axis 3) MCDX+ - banker bar turned weak while retailer bar reappear 4) TAIEX has a bear flag pattern after a tremendous fall since the peak in May 2022. And today, it has broke...
Bull Up condition : 1) BRENT candlestick has BO Level-2 of Raising Stage (E), next target going to be 96.55 (Level-3) 2) Tricol+ indicator - Banker's sentiment (red) above 75%, still in bullish trend Support & Resistance: S : 89.37 (-1.81%) R : 96.55 (+6.08%) Remark: - length of AB=CD=DE=EF DISCLAIMER: Analysis above SOLELY for case study purpose, not a...
Pull Up condition : 1) CL1! candlestick has come to Level-2 of Raising Stage (point E), beware of retracement or it may go further to Level-3 2) FundFlow+ indicator - smart money still flowing in positively 3) Tricol+ indicator - Banker's sentiment remain above 75% in the last 4 trading days, Trapped fund (turquoise) has gone Support & Resistance: S : 83.62...
Comment : 1) TrendX+ indicator - wandering below red trend line, still mid-term downtrend 2) DDX+ indicator - Bull signal shows up, looking forward a short-term long position 3) MCDX+ indicator - weak banker bar (red) cross-up MA10 line, while retailer bar (turquoise) has occupy more than 50% Support & Resistance : R : Resistance line A S : Support line...
Comment : 1) FBMKLCI has fell below Neckline A on 19-Sept, the prior short term rebound is likely over. The next supporting/rebounce point is expected to be around 1402. The bearish trend underway since 19-Aug. Please take cautious in your trading plan at the moment as the market could be getting more fluctuate. 2) TrendX+ indicator - red candlestick still...
Comment : 1) ETH breakdown below the bearish wedge on yesterday, with slight higher volume than the day before. The volume is decreasing in forming the wedge, showing that the investors consolidating their energy before they start pushing the price action lower towards the breakout. Need to pay attention to whether it will pull the prices fall on increasing...
Comment : 1) IXIC has been fall more than 20% since previous peak on 16-Aug, bear signal appear next day from top. And today, it finally shows up Bull signal, indicating a short-term rebound. Short-term supporting price is lowest of 17-Oct that is 10569.69, this point must not be broke else the rebound will be ended. 2) TrendX+ indicator - candleestick moving...
Comment : 1) TrendX+ indicator - first red candlestick appear, wandering above trend line , mid-term uptrend 2) DDX+ indicator - watch out for bear signal that came out on 19th August 2022, and also look out for red trend-cross which indicating a resistance 3) MCDX+ indicator - banker bar (red) fall below MA10 line, while retailer bar (turquoise) starting to...
Comment : 1) In the rest of 2022, the FOMC has three (3) times to holds meeting on FED interest rate decision, on the date of 21st Sept, 2nd Nov & 14th Dec. It is expected that the FED would continue the tight monetary policy through increasing the interest rate to tackle inflation issue. A higher than expected rate is positive/bullish for the USD, while a lower...