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Showing posts from October, 2014

Daily Chart of STI

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This is the daily chart of STRAITS TIMES INDEX, the price just touched the key position of Golden section today, see whether can upward break through this resistance line or not tomorrow?

TECHNICAL CHARTS OF INDEX

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HOW TO JUDGE THE TURNING POINT

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The price of ups and downs is usually determined by the strength of buyers and sellers, the price will rise when long strength is larger than short strength, while the price will drop when long strength is weaker than short strength. The key is that the long and the short will transfer mutually. The price will go down after the last buyer get in and the downtrend will end after the last seller sold out.

HOW TO JUDGE THE GLOBAL MARKET

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We can know that where is the support & resistance of Global Index through Golden Section, the key position is 0.191 & 0.382 & 0.5 & 0.618 and we also can see the blue signal appears by setting 0<RSI<20, there usually have bounce if the blue signal disappear. From the chart we know the market trend is in the downtrend.

How to Judge the Stocks

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出现时间黑洞预示着将要发生变盘,有可能会往上变盘,有可能会继续往下变盘,也有可能会走入横盘趋势,到底会往哪里变盘呢?关键要看后面的K线了。通过图形我们可以知道现在KDJ金叉出现了阶段性的低点,所以密切关注接下来的走势了。 There may have turning point if the Time Black Hole appears, the price may go up or continue to go down or go in sideways, but we have no idea which way that will be. The key is the following candlesticks. and we also can know that J line golden cross K and D line, it means that the periodic low point appears, so we should pay attention to the next movements.

The Index in the Stock Market

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For Weekly Chart: The market always has rebound when the blue color  disappear meanwhile it is the red color of Deviation Expert.