Posted by Jun Jie JJ > 2018-03-19 15:59 | Report Abuse

HSIF 1hr triangle forming. Breaking out ?

Posted by connie > 2018-03-19 16:03 | Report Abuse

more like excitement will come when HY drops back to 8.2ish again !!

Posted by pretty_life > 2018-03-19 16:03 | Report Abuse

Try smalll at mother and son...hehe...see tomorrow can break high or no?

Posted by connie > 2018-03-19 16:08 | Report Abuse

junjie .. what if u look at daily and redraw the triangle downtrendline ?? why is the area so congested now nearing the downtrendline ? ripe for breakout to the upside ??? but is dow also behaving the same ?? the best thing to do is i think avoid indices now until a clear is established ??

https://invst.ly/6ym3i

Posted by rchi > 2018-03-19 16:10 | Report Abuse

cut pos c15

Posted by connie > 2018-03-19 16:12 | Report Abuse

dow futures is precariously hanging at the uptrendline support !!

Posted by connie > 2018-03-19 16:13 | Report Abuse

noted rchi .. let's wait for HY again :) LOL

Posted by rchi > 2018-03-19 16:14 | Report Abuse

yes connie....ch getting yummier everyday

Posted by connie > 2018-03-19 16:15 | Report Abuse

rchi ... i think i go for mum !! price so volatile it's very hard to monitor the son movement :(

Posted by rchi > 2018-03-19 16:20 | Report Abuse

connie,wait...not now

Posted by connie > 2018-03-19 16:22 | Report Abuse

noted rchi .. am hawking the 5min chart !! hope it gives a good setup like before

Posted by rchi > 2018-03-19 16:23 | Report Abuse

connie,if hrc break below 8.0 then it will be very bad

Posted by cybergreen > 2018-03-19 16:24 | Report Abuse

grab h4m 5.5c

Posted by rchi > 2018-03-19 16:24 | Report Abuse

this hrc is similar to ifca....ifca frm 20 sen to 1.9....hrc frm 2.0 to 19.0

Posted by YanHao > 2018-03-19 16:25 | Report Abuse

nice cyber, looks good :D

Posted by connie > 2018-03-19 16:26 | Report Abuse

yes rchi .. then we have to look at the weekly 200MA support ! wah that's around 6ish region :(

Posted by connie > 2018-03-19 16:27 | Report Abuse

so high volume now on HY 5min !!

Posted by rchi > 2018-03-19 16:27 | Report Abuse

connie...in my mind i hv a number....kikiki

Posted by richauthor > 2018-03-19 16:28 | Report Abuse

Wah, index all red dy.

Posted by richauthor > 2018-03-19 16:29 | Report Abuse

DAX & S&P falling like a knife.

Posted by connie > 2018-03-19 16:29 | Report Abuse

rchi ... what's your magical number ? :)

Posted by SmallFish8 > 2018-03-19 16:29 | Report Abuse

Wow rchi sifu. Now CH back to 25 cents hahahaha kakakak

Posted by connie > 2018-03-19 16:29 | Report Abuse

congrats cybergreen :)

Posted by rchi > 2018-03-19 16:32 | Report Abuse

connie...too sensitive...cannot reveal now

Posted by joetay > 2018-03-19 16:32 | Report Abuse

but @connie,

ucrest seems like having run up quite a bit, so only can do intra-trading.

dont think there can be big swing upward.

Posted by rchi > 2018-03-19 16:33 | Report Abuse

small fish,u better get out

Posted by rchi > 2018-03-19 16:35 | Report Abuse

joe,bauto can collect

Posted by SmallFish8 > 2018-03-19 16:36 | Report Abuse

Hi rchi sifu. Will drop below 8.24? was thinking to cut if drop below. Or rchi sifu magical no is lower then i get out now

Posted by rchi > 2018-03-19 16:38 | Report Abuse

small fish,is lower of course

Posted by joetay > 2018-03-19 16:38 | Report Abuse

bauto looks interesting enough, but drawback is the outlook for auto market.

i think maybe is also a good time to look for some cheap hsi long dated puts now as well.

Posted by connie > 2018-03-19 16:39 | Report Abuse

joe .. hope ucrest will consolidate now around this level due to T3/T4 effect ... then forms a nice ascending triangle !! as price is below 20/50MA of daily, i will be looking at these resistance levels to take profit ... have a look at brahims chart on the ascending triangle breakout ! patience is needed for the pattern to form .. of course not 100% guarantee that it will

https://invst.ly/6ymgr

Posted by connie > 2018-03-19 16:41 | Report Abuse

hy may run up to the 5min 20MA and then fall again ... be careful !!

Posted by joetay > 2018-03-19 16:43 | Report Abuse

@connie, my risk-reward instinct tells me that the punt on ucrest is not really worth it.

Posted by connie > 2018-03-19 16:44 | Report Abuse

no worries joe :) yes, make sure u only trade when u are comfy with it !

Posted by joetay > 2018-03-19 16:44 | Report Abuse

cant comment on brahims though since i havent really look at the chart indepth.

Posted by connie > 2018-03-19 16:45 | Report Abuse

anyways ucrest is just like HY .. playing the bounce from daily 200MA !! it's not a downtrend reversal but merely a counter-trend trade

Posted by connie > 2018-03-19 16:47 | Report Abuse

if u are a trend trader, forget all these counter-trend trades :)

Posted by SmallFish8 > 2018-03-19 16:57 | Report Abuse

Okay rchi sifu cut at 8.38. hahahaha. Follow your call when to in back. kikiki can get RM6?

Posted by connie > 2018-03-19 17:15 | Report Abuse

oh ya twobits :) counter-trend trades we can't aim too much ... B bounce is good enuf !! anyways, too early now .. gotta wait for the AT to form and then only buy on breakout with good vol :)

twobits ... missing your wave count :) chart more lah !!

Posted by SmallFish8 > 2018-03-19 17:40 | Report Abuse

Now HY at triple bottom. Hope dow is doing well tonight. kikiki. if not feel highly likely will go below 8.24. All retailer already out from market while waiting for election.

Posted by Thomas > 2018-03-19 17:44 | Report Abuse

got triple meh? mana triple wa x nampak pun wa nampak double nia

Posted by Jun Jie JJ > 2018-03-19 17:53 | Report Abuse

Is a bullish cypher forming on UCREST ?

Posted by rchi > 2018-03-19 17:59 | Report Abuse

small fish,i feel u hv to wait till all the existing hrc cw die off one by one....then only maybe ....

Posted by SmallFish8 > 2018-03-19 18:06 | Report Abuse

hahahah. Noted Rchi sifu. Will follow your call. Market very bearish. Protect capital.:)

Posted by richauthor > 2018-03-19 23:59 | Report Abuse

Watching the US futures market is like watching a heart attack. S&P dropped 1.5%, while Nasdaq almost 3%.

At least HSI is subdued. Its decline is just half.

Posted by hstha > 2018-03-20 00:02 | Report Abuse

The dow may get bullish after the FOMC meeting held on 21 March.

Posted by hstha > 2018-03-20 00:05 | Report Abuse

Nasdaq plummetted due to sell off of Facebook shares.

Posted by hstha > 2018-03-20 00:07 | Report Abuse

What to Expect From the Fed This Week

https://www.bloomberg.com/view/articles/2018-03-19/mohamed-el-erian-what-to-expect-from-the-fed-s-march-21-meeting

Posted by cybergreen > 2018-03-20 08:34 | Report Abuse

hmm today market mostly gg... anyone wanna join me h4m? ehehe

Posted by abangadik > 2018-03-20 08:44 | Report Abuse

hi my friends,I hope all is well. President Xi is officially gonna be here for the next 10 years. China now seek stability and it is good for the region. Invest wisely and prepare for next cycle after the correction ends. Miss you all!