Noble Group 27/07/2009

Noble broke out of the broadening formation on friday.

SGX 08/07/2009

SGX Daily chart. It has formed a descending traingle. Breakdown below will see further sell off.




SGX 60mins chart. On hourly chart, SGX has broken below the triangle and currently forming a broadening wedge.

Dow Jones 15/04/2009

DJ has broken the up trend line. Need to be careful if it fails to close above the trend line. We also have a rising broadening formation which suggests caution on the long side.

KepCorp 10/04/2009

I have been following Kepcorp for quite some time now. Plenty of trading opportunities.
Over the past three months it has formed a nice Cup and Handle formation with a breakout and throwback complete. Now the price has moved above the breakout price giving a target of 6.34. We also have a rising broadening formation which implies that this move could also be short lived.

USD/JPY 31/03/2009

UJ has descending broadening formation with a partial decline around 96. It has broken out above 98. It may continue moving upwards in the near term.

ST Eng 28/03/2009 - Update

ST Eng had a nice breakout as mentioned in my earlier update here.
We may see a throwback before moving back up.

USD/CHF 19/03/2009

USD/CHF broke out of the broadening channel, I have entered a short trade with a trailing stop running.

ST Eng 16/03/2009

ST Eng has a partial decline on a broadening formation. If the price closes above the trendline consider buying with a stop below the trend line.