The Market Technician

Momentum . Cycles . Supply and Demand

Brandon Leu, CMT CFTe

Trading Idea (Educational)

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July 03, 2014

Unionmet - Share Junction Forum
(BUY CALL - SHORT TERM)

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Bullish Case for Bitcoin

February 11, 2019

BTC Exhibiting Signs of Accumulation 1 year after BTC price plunged from its US$20,000 high to a recent low of US$3,215.20, now we are seeing technical evidence of accumulation by the smart money is in progress . Above is an illustration of Accumulation Zone of the Wyckoff Price Cycle. We are watching very closely for price to cross the creek (est. US$4200 level). A break above the level, we deem that price has proceeded into the Mark Up Phase with 1st objective at US$5,800. If creek is not crossed, a break below US$3,190 will falsify our Accumulation zone analysis. Join us in our FREE Introduction to Richard Wyckoff Seminar to learn more about the method and how the method add value to your market timing analysis.

Keppel DC REIT, Are We There Yet?

July 05, 2021

Keppel DC REIT, Are We There Yet? Analysis Forecast: Potential Support Level Analysis is for: SG Market Position Trading Income Portfolio Supporting Technical Observations : 1. Price resting near Fibo 50% Retracement 2. Fund Flow Index (FFI), positive divergence To follow up on post TradingView Blog Disclaimers Apply

Wyckoff's Law of Effort

May 19, 2017

Law of Effort Wyckoff's Law of Effort states that on any single trading day (or week depending on time frame), huge volume (effort) push by participants should see huge price movement, resulting in a wide spread (long body). This is a basic principle of effort and result. However, as per Singtel's case study, we saw huge selling volume on 11 May, yet the price action only shows a narrow spread (small body). This divergence of effort and result in Wyckoff's Law of Effort principles, indicates possible exhaustion in selling or hidden buying. Thus, with a lack of weakness, Singtel should continue trading range bound for the coming days or weeks till further strength or weakness is observed. Swing Traders who trades range can consider positions at 3.70-3.72, with exit target 3.76-3.78.

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Online Courses and Webinars

Trading Stocks with Market Trend and Sector Analysis
Date: 8 Nov 2021
Time: 7.30pm - 8.30pm
Online Class (Webinar)
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Introduction to Trading with Wyckoff Method
Date: TBA
Time: 7.30pm - 8.30pm
Online Class (Webinar)
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*To be announced

MIT: Expecting Change of Momentum after Existing Downtrend Line

March 31, 2021

MIT: Expecting Change of Momentum after Existing Downtrend Line What are we expecting? Mapletree Industrial Trust ( ME8U ) broke its key downtrend line on 18 Mar 21, technically signaling positive trend change. Similar to Apr 2020 move. Momentum Indicator, MACD (bottom of the chart) is displaying a upward sloping momentum which is supportive of the technical move. Who should be concerned? Investors: Consider increasing allocation into ME8U under income portfolio, with current indicative yield of 4.50%. Traders: Taking Long positions with 1st target price at S$2.95, next at S$3.30.Stop Loss below S$2.50. *Disclaimers apply

Bullish Case for Bitcoin

February 11, 2019

BTC Exhibiting Signs of Accumulation 1 year after BTC price plunged from its US$20,000 high to a recent low of US$3,215.20, now we are seeing technical evidence of accumulation by the smart money is in progress . Above is an illustration of Accumulation Zone of the Wyckoff Price Cycle. We are watching very closely for price to cross the creek (est. US$4200 level). A break above the level, we deem that price has proceeded into the Mark Up Phase with 1st objective at US$5,800. If creek is not crossed, a break below US$3,190 will falsify our Accumulation zone analysis. Join us in our FREE Introduction to Richard Wyckoff Seminar to learn more about the method and how the method add value to your market timing analysis.

Wyckoff's Law of Effort

May 19, 2017

Law of Effort Wyckoff's Law of Effort states that on any single trading day (or week depending on time frame), huge volume (effort) push by participants should see huge price movement, resulting in a wide spread (long body). This is a basic principle of effort and result. However, as per Singtel's case study, we saw huge selling volume on 11 May, yet the price action only shows a narrow spread (small body). This divergence of effort and result in Wyckoff's Law of Effort principles, indicates possible exhaustion in selling or hidden buying. Thus, with a lack of weakness, Singtel should continue trading range bound for the coming days or weeks till further strength or weakness is observed. Swing Traders who trades range can consider positions at 3.70-3.72, with exit target 3.76-3.78.