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Trading the Markets with DLC

November 14, 2019

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I'll be sharing on the trading techniques for DLC at SGX Auditorium on 27 Nov. Do join us if are interested to learn more about DLC and trading with DLC. Link to registration

DLC Seminar

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Chart Review: Xiaomi (1810:HK)

Xiaomi (1810) We shared that Xiaomi have broke out of its Accumulation zone and is entering the Mark Up phase. Price continues to mark up as analysed. Congrats if you have followed the trade. Accumulation Phase is a zone where supply exhaust and demand overtake the dominance. Also a zone where smart money comes into the market and pick up the stock at a low price. A break out from this zone will expect to see continuation of price mark up untill supply comes in. Understanding the Wyckoff's Accumulation Phase helps individuals trade alongside with smart money. Disclaimer applies.

Xiaomi (HK:1810) Accumulation Breakout?

Xiaomi (HK:1810) Xiaomi stock price jumped across the creek as the company announced the launched its low cost 5G phone today. Related Article Today's action is different from previous rallies as price broke above a significant resistance level that we call The Creek , a resistance level within the accumulation set-up. With this breakout, we expect stock price to move into Mark Up phase where demand>Supply momentum is expected to continue. Above chart is a summarised illustration of identifying characteristics of an Accumulation Phase. Understanding the characteristics helps investors lower the risk of catching the falling knife. Join us this weekend, 14-15 December 2019 at SGX academy to l earn the Richard Wyckoff Method in identify characteristics of demand and supply on the charts and price cycle. Click HERE for more info. The Richard Wyckoff Method Course is SkillsFuture credit and IBS funding approved. Blog Disclaimer applies.

Target Price Reached for S&P 500

Today's Chart Forecast Chart Amid negative COVID-19 news and lock-down announcements, S&P 500 traded upwards as forecast. Financial markets moves somewhat in a different pace with the real economy. Technical analysis and demand supply studies provide helps bridge the gap.

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