A Certified Financial Technician (CFTe) personal view on Singapore Stock Market - SGX

Triangles are continuation pattern , so the previous trend was up . A break above 2.70 will have a target around 2.90.

Volume up ,Price up , bullish
Volume down , Price down , bullish
Volume down, Price up , bearish
Volume up , Price down , bearish

Wilder’s Reaction Trend System Seminar
The system is in the book New concepts in Technical Trading System by J, Welles Wilder Jr. He was the inventor of Relative Strength Index (RSI), Parabolic SAR, Swing index, Directional Movement System, Average True Range(ATR)

Date: 20 & 21 Nov 2008 Thurs and Friday
Time : 7 -10 pm
Venue :Singapore Management University, School of Economics and Social Science
90 Stamford Rd S(178902)
Room : Seminar Room 4.1 Level 4
Course Fee : $488

Trainer : Mr Choo Kam Ming B.Sc
20 years trading experience. Trainer in Cyberquote for Metastock and RMO system.
Currently he is remisier with Phillip Securities.
I believe he is only one is Singapore to teach this.
So don’t miss out.
All indicators , trading templates will be given to you upon signing up.

Please register at training @aatcourses.com or call 63007759 for more details

By now , if you are reading the blog, you will know that I am bullish on the equities next 2-3 months.

Master mind student can please take a look at the MOV ROC trading system

STI support 1700, consider to long on weakness. I personally will not go short.I will go long for 3 month on weakness.
My view .

Collin Seow

P.S: I know that we are in recession and that DJ drop 300+ last friday and Nikkei is down 200+ now.:)

I am getting more bullish about the equities market looking at the US $.
I think we have seen a low for S&P for the next 3 months.
The downside is limited.
Personal view

http://www.collinseow.com/index.php/2008/08/06/3-5-bar-drop/