William-trading

William-trading

Nasdaq futures suggest that in the mid term, price is gonna rally higher but the potential rebound is the sub wave C of the smaller expanding flat within the 3rd wave extension of the primary wave.

William-trading

no doubt we are on the long side and my view of it rising to test the high of 61.8% retracement of wave C is still ongoing. You may refer to my post on

William-trading Updated 

The Index has broken the Rising wedge and although there is a light rebound, shorting opportunity is still present as the sub 5 waves are in motion, we will see another leg down upon reaching 50% of the (iii) wave of the C leg.

William-trading

The current larger expanding flat structure reveal that Paypal is still in a ranging mode. Hence, to downplay this, the classic buy low sell high is kinda the best strategy right now. We expect today to have a sell off to 50% retracement of 90.14-122.48. Should price have a strong upside today, we see immediate target resistance at 126.07, slightly above wave B....

William-trading

Rising wedge and a divergence indicate some slowing down of the bullish momentum. To add on, the shooting star formation has tested and rejected the major support turned resistance level.

William-trading

SHeng SHiong has a strong upside until last Friday, when there's a bearish engulfing candle. Subsequent sell-off occurs on monday open and judging from the sell-off, we are seeing a rebound at minimum 1st demand zone level.

William-trading

GBPUSD may see a limited upside between 161.8% extension level of 1.22481- 1.23846 and retracement level of 1.26456-1.22481. Should the level be invalidated, the next price will be at 78.6% of the retracement level.

William-trading

Zoom has completed its 5 wave action and it is gonna slam down soon. First, the dark cloud cover formation rejects nicely on 123.6% extension level of wave 4. Also, the bearish divergence strengthens the downside.

William-trading

SGX:BS6 YZJ is on its way to short but not yet. The sub-5th wave of the C leg must be completed.

William-trading

Bearish engulfing at 78.6% indicate a weakness.

William-trading Updated 

The wave theory suggests HKEX:1177 that the prolong flat correction will be prolonged at least for the midterm period

William-trading Updated 

5 wave down has alrady complete. Should wave 2 finish, then we will witness a grand slam down. Finger cross

William-trading Updated 

With the multi year expanded flat completed, the index futures is heading into a possible new upside territory. Should the index breaks the red zone, we will see a further impulse on the upside. Refer here to the previous 4hr count

William-trading

There is a strong possibility of the index heading into a complex double three formation.

William-trading Updated 

The Dow no doubt is still in a bearish mode on a larger time frame but we believe the wave 4 of the larger phase is entering into a series of smaller complex flats. I believe that there will be one more leg of a bullish move after a 5 sub wave down to form wave C. Rebound should be at 21600 -21243 region.

William-trading Updated 

We are going to see a prolong corrective action for a period of time. Current price suggestion suggest a potential sell reversal at 61.8$ of wave C. However im more inclined to short at the 127.2%-161.8% expansion zone of potential sub-wave ((C)) or X.

William-trading

Dark cloud cover formation on Wednesday shows a clear indicator to short. Pennant formation more or less is confirmed.

William-trading

Refer to the above post. On 3rd of April, we believe that Valuetronics Holdings rebound may continue to the 161.8% extension level and price did travel to the level at 0.595, short of 0.05 of our target price. The price did have some reaction by selling down on Monday and based on the technical, the stock is set to continue its downside: 1. The stock had a...