William-trading

William-trading Updated 

Let’s see if the short plays out. Judging from the momentum, the bulls are some what slow and should if cap between the high and lows of yesterday, you bet that there will be another sell-down. However, please be cautious enough to have a tight Stop loss.

William-trading Updated 

Valuetronics has sunk Low and in light of a potential bearish flag, we see some buying action after today’s bullish Engulfing Pattern at 38.2 retracement level. However do take not this is A COUNTER TREND TRADE. So exercise some caution

William-trading

Dow Transport had a rebounded move in recent weeks but is it gonna last? Probability tells me that it would not last. First up, I believe that price may reverse at the 127.2% and should it halt, the next level at 161.8% is the good move!

William-trading

Xiaomi sell-off will continue further based on the technical below: 1. On 17th March 2020, the report indicate that there is a further sell-off till the buying zone at 9.16-9.22 region and price did rebound at the zone. However, the bearish flag formation indicate that the buying pressure is more of a corrective action as the momentum is slowing down. 2. Zooming...

William-trading

Continued downside pressure is heading for more sell-off based on the technicals indicated although the stock had a strong rebound in late March 2020: 1. The stock upside rebound was capped at the resistance turned support level at 42.55 and forming a bearish engulfing candle. 2. The bearish engulfing rejects the 50% simple moving average and closes below the...

William-trading Updated 

Microsoft has entred into a phase of corrective wave and the 5 sub wave of the A leg has been complete. Now its the first leg of the 3-sub wave of B. Bearish inverted hammer rejecting 50% Fib level gave a clue on the stock heading for another downside.

William-trading Updated 

Alibaba had a strong rebound at 200 psychological support and the potential falling wedge may bring the stock higher. However, there may be a possibility that it may return back to the demand level at 193 regions. Stay safe boys

William-trading Updated 

CADJPY- Double three in the making, expecting a strong bearish down side upon hitting the supply level in red

William-trading Updated 

The Dow still have room for a grand slam after it complete a regular flat on the hourly time frame. Short again yo

William-trading

Spx 500 futures may see a short rebound toward 127.2 or 161.8 extension level before resuming its strong sell off

William-trading Updated 

Im still holding short bias on Dow as i believe that 127.2 and 161.8 extension level is the key reversal levels. Should Dow break 24000 for 2 consecutive period(Daily), then the rally might sustain to 26,750.

William-trading Updated 

4hr chart indicate a clear potential sell down upon reaching the supply level at 61.8% retracement level and the potential formation of the flag.

William-trading

Dow futures may have a rebound towards 141.4-127.2% extension level before a sell down. Otherwise, the 50% retracement level is a good level to watch out for reversal signal

William-trading

Gold is expected to test the high of 1689-1700 levels, forming a potential wave 5.

William-trading Updated 

SNAP Chat is entering a (iv) wave rebound of the (C) leg. one more final push towards 161.8% extension of wave AB will see a grand rally and rebound.

William-trading Updated 

Dow has not complete its bearish wave on the weekly chart, hence the index is still on BEAR!

William-trading

The morning star formation last Friday may be short-lived once the rebound hit the 61.8% retracement which confluent with the supply level.

William-trading

Gold is on a bearish correction once again. In fact the whole price structure from 2011 onwards is on a corrective mode.