Follow Me On Twitter

Hi everyone,

First of all, I'd like to apologize for being absent on this blog for almost a year because I was quite busy to deal with my own business stuff.

To compensate for that, I'd appear more regularly on Twitter from now on where you can follow my calls as well as learning from my charts of how I make those calls.

If you're interested, feel free to follow me on Twitter at @hungsy88  or  https://twitter.com/hungsy88

More Correction to Come?

One of this WEEKLY reliable indicators shows market still having more rooms to fall in the next few weeks, which is normal within a summer pullback of 10%-20%. I believe this market will resume its upward trajectory once the correction is over.

Intraday Update

Intraday market is now oversold with positive divergence. I guess market is going to have a good rebound soon.  The medium-term picture is still bearish due to the fact that most mid-term indicators are showing more rooms on the downside.  So, it's not a great idea to catch a bottom right now if you are a mid-term trader (i.e. few months of holding.)

Bullish Signals For Next Week

While my mid-term view for the next 2-3 month remains to be somewhat bearish, my short-term signals for next week seem to be quite bullish as seen from below charts.  So, bears need to watch out for these signals.

Intraday Update

Intraday market seems to go through correction right now due to overbought condition.

Intraday Update

Dash blue line & dash red line suggesting that this selling isn't over yet. The best scenario to buy is when dash blue line crossing above dash red line and both pointing up.  Let's see if that happens before market close, but my guess is that it will happen tomorrow morning.

Market Pulse Update

We might have a BUY signal for short-term before market close today.  Market pulse showing today's selling isn't as bearish as it sounds.