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Weakness observed on BTC, Distribution Phase?

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Weakness as explained on chart. A fall below the ice, closing below $7,000, will confirm BTC Distribution Phase (Top).

Closing above $8,400 will falsify the analysis.

Disclaimer applies.

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DBS Expecting Mark Down

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Today, DBS broken below our signal line (Red). We are expecting further mark down as both our Relative Strength indicator are displaying bearish signs.

Our indicators, RS Indicator is below zero, this denotes that stock is trading weaker than the market.

Fund Flow Index (FFI) indicatesthat in recent trading, demand is much weaker than supply, supporting the bearish claim.

Both RS and FFI indicators are provided to our course participants (no subscriptions required).

Also, with the above proprietary market demand and supply indicators interpreting bearish signs, it helps support a stochastic trader trading the bearish crossover signal.

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Our Wyckoff class participants will also learn to develop skills of a trader by reading market demand and supply using the Wyckoff Method.

Learning to identify different phases of a price cycle and recognise signs of demand or supply such Buying Climax (BC), Secondary Test (ST), and Signs of Weakness (SOW).

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ThaiBev Expecting Further Strength

ThaiBev (Y92)

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Disclaimer applies.

Chart Review: Xiaomi (1810:HK)

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A break out from this zone will expect to see continuation of price mark up untill supply comes in.

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Disclaimer applies.

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