STI 27/12/2011

STI @ 2674.

Intraday support at 2668.

Breakout is above 2681.  A break above might see 2695-2705.

Bullseye.

STI 23/12/2011

STI @ 2675

Intraday support at 2668.

Breakout is above 2678.  If break it might head towards 2691-2700.

Bullseye.

STI 22/12/2011

STI @ 2664.

Intraday support at 2659.

Breakout is above 2671.  Break above might see 2685-2695.

Bullseye.

STI 21/12/2011

STI @ 2653

Intraday support at 2649.

Breakout is above 2659.  A break above might see 2673-2683.

Bullseye.

STI 20/12/2011

STI @ 2620

Intraday support at 2613.  A break below might see 2600-2590.

Breakout is above 2632.

Bullseye.

STI 19/12/2011

I was away on holiday last few days so didn't post.

STI @ 2614.

Intraday support at 2609. A break below might see 2596.

Breakout is above 2636.

Bullseye

STI 14/12/2011

STI @ 2681.

Intraday support at 2669.  A break below might see 2655.

Breakout is above 2692.

Bullseye.

STI 13/12/2011

STI hit yesterdays downside targets.

STI @ 2682

Intraday support at 2664.  A break below might see 2651.

Breakout is above 2694.

Bullseye.

STI 12/12/2011

STI @ 2718.

Intraday support at 2709.

Breakout is above 2728.  A break above might head towards 2741-2751.

Bullseye.

STI 09/12/2011

STI @ 2693

Intraday support at 2689.  A break below might see 2675-2665.

Breakout is above 2716.

Bullseye.

STI 08/12/2011

STI @ 2737

Intraday support at 2727.

Breakout is above 2759.

Bullseye.

STI 07/12/2011

STI @ 2763.

Intraday support at 2749.  A break below might see it head towards 2735-2725.

Breakout is above 2774.

Bullseye.

S&P 500 Futures 05/12/2011

S&P 500 futures has hit the target price since the last posts. Now it is showing a bearish divergence which is bearish in the short term.

Previous chart is here.

STI 05/12/2011

STI @ 2763.

Intraday support at 2743.

Breakout is above 2779.

Bullseye.

STI 02/12/2001

STI @ 2750.

Intraday support at 2749.  A break below might see 2735 but unlikely to reach here today.

Breakout is above 2771.

Bullseye.

STI 01/12/2011

STI @ 2766.

Intraday support at 2757.  A break below might see 2744-2734.

Breakout is above 2784.

Bullseye.

S&P 500 Futures 30/11/2011 - Update

S&P Futures updated chart.

Previous chart is here.

STI 30/11/2011 - update

STI broke support 2686.  Might be headed for 2673-2663.

Bullseye.

STI 30/11/2011

STI @ 2698.

Intraday support at 2686.

Breakout is above 2712.  A break above might head towards 2726-2736.

Bullseye.

STI 29/11/2011

STI hit yesterdays target.

STI @ 2691.

Intraday support at 2674.

Breakout is above 2719.

I don't see a breakout in either direction today.  It could be just a consolidation day.

Bullseye.

S&P 500 Futures 28/11/2011 - Update

S&P futures breakout as mentioned in the previous post.

Previous post is here.

STI 28/11/2011

STI @ 2681

Intraday support at 2674.

Breakout is above 2695.  A break above might see it head towards 2708-2718.

Bullseye.

S&P 500 Futures 25/11/2011

S&P Hourly has bullish divergence. In the Short term, it is trading in a falling wedge which is a bullish pattern. A breakout off the falling wedge will be bullish short term.

StI 25/11/2011 - update

Broke support..  Might be headed for 2643-2633.

Bullseye.

STI 25/11/2011

STI @ 2663

Intraday support at 2656.

Breakout is above 2671.  A break might head towards 2684-2694.

Bullseye.

STI 24/11/2011

STI @ 2686.

Intraday support at 2648.

Breakout is above 2701.

I think the days range maybe more or less already there..

Bullseye.

STI 23/11/2011

STI @ 2677

Intraday support at 2660.

Breakout is above 2712.

Bullseye.

STI 22/11/2011

STI @ 2703

Intraday support at 2682.

Breakout is above 2715.  A break above might see 2728-2738.

Bullseye.

STI 21/11/2011

STI hit fridays targets.

STI @ 2702

Intraday support at 2675.  A break below might head towards 2662-2652.

Breakout is above 2737.

Bullseye.

STI Update 20/11/2011

Elliot wave update on STI.

Primary count: The corrective ABC wave is over and a new impulsive down wave may have begun. Currently in wave 3. There also has been a triangle breakdown albeit on low volume. 2760 is a crucial level. If STI retests above this price again before completing this impulse, it violates this count and alternate count gets in effect (see below).

Alternate count: As per this count, STI is still in its ABC corrective pattern with A ended at 2905 currently B is in progress after completion of which C wave up begins.

Just my personal view. Comments, corrections or questions welcome.

STI 18/11/2011

STI @ 2751

Intraday support at 2730.  A break might see it head towards 2717-2707.

Breakout is above 2775.

Bullseye.

STI 17/11/2011

STI hit yesterdays targets and exceeded.

STI @ 2785.

Intraday support at 2760. 

Breakout is above 2798.

Bullseye.

STI 16/11/2011

STI hit yesterdays targets.

STI @ 2795.

This mornings action was too fast to post.  

Breakdown point was 2806 and tp 2793-2783.  It has already hit 2793.  Doesn't mean it cant go lower.

Bullseye.

STI 15/11/2011

STI @ 2823.

Intraday support at 2817.  A break below might see 2803-2793.

Breakout is above 2829.

Bullseye.

STI 14/11/2011

STI @ 2837.

Intraday support at 2823.

Breakout is above 2841.  A break above might see 2855-2865.

Bullseye.

STI 11/11/2011

STI @ 2792.

Intraday support at 2777.

Breakout is above 2804.  

Bullseye.

STI 10/11/2011

STI hit and exceeded yesterdays targets.

STI @ 2781

Intraday support at 2754.  A break might see it head towards 2741-2731.

Breakout is above 2800.

Bullseye.

STI 09/11/2011

STI @ 2870

Intraday support at 2866.  A break below might see 2851-2841.

Breakout is above 2883.

Bullseye.

STI 08/11/2011

STI @ 2859.

Intraday support at 2837.  A break below might see 2823-2813.

Breakout is above 2883.

Bullseye.

STI 04/11/2011

STI @ 2848

Intraday support at 2832.

Breakout is above 2864.  If break it might head for 2864-2874.

Bullseye.

STI 03/11/2011

STI @ 2789

Intraday support at 2779.  A break below might see 2765-2755.

Breakout is above 2819.

Bullseye.

STI 02/11/2011

STI @ 2790..

STI broke out this morning of 2779.

Targetting 2793-2803.

Bullseye.

STI 31/10/2011

STI @ 2882.

Intraday support at 2873..  A break below might see 2859-2849

Breakout only above 2910.

Bullseye.

STI 28/10/2011

STI @ 2874.

Intraday support at 2856.

Breakout is above 2907.

Yesterday there was almost a 100 point intraday range which happened only in August this year when the market collapsed.

Bullseye.

S&P 500 25/10/2011

S&P 500 futures. Breaking down off rising wedge.

STI 25/102/2011

STI hit yesterdays targets.

STI @ 2763.

Intraday support at 2756.  A break might see 2742-2732.

Breakout above 2787.

Bullseye.

STI 24/10/2011

STI @ 2753.

Intraday support at 2741.

Breakout above 2761.  Breakout might see 2775-2785.

Bullseye.

STI 21/10/2011

STI hit yesterdays targets.

STI @ 2712

Intraday support at 2689.

Breakout above 2725.  A break above 2725 might take it towards 2739-2749.

Bullseye.

STI 20/10/2011

STI @ 2710.

STI hit yesterdays targets.

Intraday support at 2706.  A break below might see 2693-2683.

Breakout only above 2722.

Bullseye.

STI 19/10/2011

STI @ 2736

Intraday support at 2729.  If broken might see 2716-2706.

Breakout only above 2746.

Bullseye.

STI 18/10/2011

STI @ 2728.

Intraday support at 2707.  A break might see 2694-2684.

Bullseye.

STI 17/10/2011

STI @ 2768

Intraday support at 2726.

Breakout only above 2781.

Bullseye. 

STI weekly update 16/10/2011

STI Weekly:

We saw the repetition target (second red box) of 2621 hit recently. The size of the second box is the same as the size of the first box.

It is quite certain that we are in long term bear market. If it is true then the long term target is the bottom of the third box which is around about 2120.

STI Daily:

Last few days we saw a big rally from the bottom. This rally is a corrective rally which could unfold in 3 waves (A, B, C). We are near the top of wave A. Once wave B begins, it might retrace more than 50% of the rally followed by a wave C rally.

The biggest rally on the way down from the top of 3227 was from 2680 to 2910 about 230 points. Adding 230 to recent low of 2521, we get 2751. Which coincidently is near the recent top. This is depicted by the two green boxes. This tells me we are near a short term top and we should pull back atleast around 50% of the rally.

We also see a falling broadening formation on the daily chart breakout. After testing the breakout price again we should resume the rally to test the high of the falling broadening formation.

STI Hourly:

We are currently near the resistance trend line. We might see some pullback followed by a rally to hit the upper trend line.

STI Hourly:
Short term EW depicted on the chart.

STI 14/10/2011

STI did not see any breakouts yesterday.

STI @ 2738.

Intraday support at 2713.  A break might see 2699-2689.  (watch for weakness below yestedays low)

Breakout only above 2757.

Bullseye.

STI 13/10/2011

STI hit yestedays target of 2717-2727.

STI @ 2753.

Intraday support at 2722, 2714.

Breakout is above 2760.  If breakout it might see 2774-2784.

Bullseye.

STI 12/10/2011

STI @ 2687

STI hit yesterdays targets.

Intraday support at 2656.

Breakout is above 2704.

Bullseye.

STI 11/10/2011 - update

STI trying to break intraday support.  If broken successfully, it might head for 2688-2678.

Bullseye.

STI 11/10/2011

STI @ 2716.

Intraday support at 2701.

Breakout is above 2729.  A break might see 2743-2753

We are nearing end of minor wave A..  It is a good time start taking some profits..

Bullseye.

STI 10/10/2011

STI @ 2650.

Support at 2640.  If break it might head to 2627-2617.

Breakout is above 2674.

Bullseye.

Out today

I am out for a family emergency today. Will not be posting today.

Congrats to those who entered long positions last few days.

Bullseye.

S&P 500 06/10/2011

S&P 500 futures updated chart. Previous chart is here.

Currently it is trading in an ending diagonal after breaking out of the bull flag.

SMSCI 06/10/2011

SMSCI updated chart. Previous chart is here.

STI 06/10/2011

STI @ 2586.

Intraday support at 2552.

Breakout is above 2616.  If breakout it might head for 2629-2639.

Bullseye.

S&P 500 05/10/2011

S&P 500 Bull flag breakout on hourly.

SMSCI 05/10/2011

SMSCI breaking out of the falling broadening formation.

STI 05/10/2011

STI hit yesterdays intraday support.

STI @ 2548

Intraday support at 2530.  A break might see 2518-2508.

Breakout is above 2569.

Bullseye.

STI 04/10/2011

STI @ 2580.

STI hit yesterdays targets.

Intraday support at 2539.

Breakout is above 2612.

I think it will be hard to breakout either ways today...

Bullseye.

STI 03/10/2011

STI hit fridays targets.

STI @ 2626.

Intraday support at 2617.  A break of which may head towards 2604-2594.

Breakout is only above 2648.

Bullseye.

Kepcorp 02/10/2011

I think Kepcorp might be headed for the repetition target of 6.54. Support at 7.46.

SGX 30/09/2011

SGX is trading in a falling wedge, similar to Citydev.

CItydev 30/09/2011

Citydev.


I had posted the chart here on 16/09/2011.

Today it hit the lower trend line and bounced. It will be interesting to see whether the support trend line holds and whether it breaks out of the falling wedge.

STI 30/09/2011

STI hit yesterdays targets.

STI @ 2686.

Intraday support at 2679 and 2669.  A break of 2669 might head towards 2656-2646.

Bullseye.

STI 29/09/2011 - update

STI broke 2697.. Now at 2700.. Maximum I see around 2710-2720 today nothing more..

STI 29/09/2011

STI @ 2687

Intraday support at 2663.

Breakout is above 2697.

More updates on breakout or breakdown..

Bullseye.

STI 28/09/2011

STI inverted H&S on hourly. Very similar to S&P 500 Inverted H&S that was posted before.

STI 28/09/2011

STI hit yesterdays target zone on the dot at 2731.

STI @ 2717.

Intraday support at 2690.

Target zone still 2731-2741.

Break above 2741 might see 2755-2765 (But unlikely today).

Bullseye.

S&P 500 27/09/2011

S&P 500 futures chart update.

Previous chart is posted here.

Genting 27/09/2011

Bull flag on Genting hourly.

STI 27/09/2011

STI hit yesterdays targets.

STI @ 2696.

Intraday support at 2665.

Breakout is above 2717.  If breakout it might head for 2731-2741.

Bullseye.

S&P 500 26/09/2011

S&P Hourly. Higher highs and higher lows. Also inverted H&S pattern. But there is no breakout yet.

STI 26/09/2011 - update

STI broke 2644.

Might hit 2630-2620.

Bullseye.

STI 26/09/2011

STI @ 2669.

Intraday support at 2644.

Breakout is only above 2723.

We very well may have seen the high and low of the market today within the first hour of trading.

Bullseye.

STI 23/09/2011

STI @ 2676..

STI hit yesterdays targets and exceeded.

Intraday support at 2646.

Break above 2691 might see 2705-2715.

Bullseye.

STI 22/09/2011

STI @ 2752.

Watch the intraday support at 2741.   If break, might see 2727-2717.

Breakout only above 2761.

Bullseye.

STI 21/09/2011

STI broke out of the symmetrical triangle and stayed above so far.It might attempt to fill the gap next.

STI 21/09/2011

STI broke out of 2785.  Might be headed for 2799-2810.

Intraday support at 2750.

Bullseye.

Cosco 20/09/2011

Cosco.

STI 20/09/2011

STI @ 2762.

Yesterdays target zone is still open after missing by 4 points.

Intraday support at 2751.  A break might see 2737-2727.

Breakout is only above 2776.

Bullseye.

Ezra 19/09/2011

Ezra updated chart monthly chart.
Since the last update, Ezra has met two of the three long term targets.

This chart was posted on 23rd July 2011 here.

This chart was posted on 23rd June 2011 here.

STI 19/09/2011

STI is trying to break the support at 2762.

If broken successfully we might see 2748-2738.

Breakout is above 2780.

Bullseye.

CItydev 16/09/2011

Falling wedge spotted on CityDev.

STI 16/09/2011

STI @ 2800

Intraday support at 2779.  A break might see 2765-2755.

Breakout is above 2809.

Bullseye.

STI 15/09/2011 - update

STI broke 2743..

Might be headed for 2729-2719..

Bullseye.

STI 15/09/2011

STI hit yesterdays targets/

STI @ 2758.

Intraday support at 2743.

Breakout is above 2776.

Bullseye.

Sti Elliot wave update 14/09/2011

STI is in a sideways corrective wave. Just possibilities. We might be headed for 2900+..

STI 14/09/2011

STI @ 2749.

Support at 2739.  A break might see 2726-2716.

Breakout is above 2769.

Bullseye.

STI 13/09/2011

STI hit yesterdays targets.

STI @ 2769.

Breakout is above 2783.  If breakout might take it to 2797-2807.

Intraday Support at 2755.

Bullseye.

STI 12/09/2011 - revised.

Revides estimates.

A break of 2758 might see 2744-2734.

Breakout only above 2770.

Bullseye.

STI 12/09/2011

STI @ 2760.

A break of 2754 might see 2740-2730.

Breakout only above 2770.

Bullseye.

STI 09/09/2011

STI trying to break out of 2861.

If successful, we might see 2874-2884.

Bullseye.

Sti Elliot wave update 08/09/2011

Elliott waves on STI. Primary and alternate count. Just possibilities.

S&P 500 08/09/2011

S&P 500 Futures

STI 08/09/2011

STI @ 2822.

STI hit yesterdays target.

Intraday support at 2803.

Breakout is above 2873.

Bullseye.

Alternate view.. Many charts 07/09/2011

As per Elliott wave count, STI is in wave 2 if major wave 3 down.  However, here is an alternate view.

Many index stocks and STI is showing an inverted Head & Shoulders pattern.  There is no breakout yet.  There has to be a high volume breakout above the neck line to confirm this view.

Gold double top also supports this view. But nothing is firmed until we see high volume breakouts.

Bullseye.

Gold 07/09/2011

Gold. Double top?

STI 07/09/2011 - update

STI making a flag and pennant on 30 mins.

STI 07/09/2011

STI @ 2801.

Intraday support at 2788.

Breakout is above 2815.  If breakout might see 2829-2839.

Bullseye.

S&P 500 07/09/2011

Updated chart.. Previous chart is here.

STI 06/09/2011 - update

STI broke out of 2771.  Might be headed for 2784-2794.

Bullseye.

S&P 500 06/09/2011

S&P 500 futures broke out of the down channel.

STI 06/09/2011

STI @ 2747.

Intraday support at 2721.

Breakout only above 2771.

Bullseye.

STI 05/09/2011

STI @ 2770

Support today is at 2761.  A break of it might see 2748-2738.

Breakout is only above 2801.

Bullseye.

S&P 500 05/09/2011

S&P 500 began trading wave 5 down. Impulsive Wave 1 of 5 could be complete.

STI update 02/09/2011

Updated count for very short term. It is a bear market rally so be cautious with your trades.

We seem to be in wave 4 of the short term count. Wave 5 might/should unfold. It could either be truncated to hit recent high or it might take out recent high.

All bets off if STI breaks 2780. This count becomes invalid then.

STI 02/09/2011

STI @ 2853.

Intraday support at 2837.

Breakout is above 2883.

Bullseye.

STI 01/09/2011

STI @ 2885.

Support at 2874.  A break might see 2860-2850.

Breakout is above 2913.

Bullseye.

STI 31/08/2011

STI broke out of 2824 this morning..

I think might be headed for 2839-2849.

Bullseye.

STI 29/08/2011

STI @ 2774.

Intraday Support at 2749.

Breakout above 2785 might bring it to 2800-2810.

Bullseye.

CWT 28/08/2011

Elliott wave on CWT.

We might be trading in wave 4. Wave 4 might turn out to be triangle or zigzag or flag abc. Whatever it is it must not breach 1.17 upside for this count to be correct. And there should be another wave 5 down after wave 4 ends.

STI weekly update 29/08/2011

STI hourly and daily view. We might still have some upside towards 2820 before it runs out of steam. Elliott waves wise we might be trading in wave ii of 3 zig zag.