juliusyap

juliusyap Apr 22, 2020

After several months of forming a Head & Shoulder pattern, it is now confirmed in line with weak global demand due to global full or partial lockdown of cities, regions or countries especially major buyer like China & India. Current conditions present opportunities to SHORT which could see FCPO re-visiting 2000 level or beyond.

juliusyap Apr 21, 2020

GOLD has broken below its rising wedge pattern & might drop back to its previous low of about 1455 if its full rising wedge target is realised. Current price at time of print also shows Wave 4 have violated as it dips below Wave 1 high. It seems to be supported around 1655 as there is a confluence of FiboR 61.8% & Volume Profile peak. All other indicators are also...

juliusyap Apr 21, 2020

DJI is at the edge of the rising wedge again. Last one was a much bigger one but this one seems to be the crucial one to define if the recent rebound is just a dead cat rebound or a pullback to launch to greater heights. If broken below, will re-test previous support levels of FiboR 38.2% & longer term trend line (orange). Opportunity for short term SHORT until...

juliusyap Apr 21, 2020

USOIL plunge to the maximum depth while FUTURES went way underwater last night ! Way way oversold & quickly rebounded to above 20 & probably will range bound between 20 to 30 until it breaks out of the Ichimoku clouds.

juliusyap Oct 4, 2019

Rounding Bottom completed with gap closed and good volume while StoRSI just curving up from oversold region. Should be able to continue to run up to the next target.

juliusyap Oct 4, 2019

Crude on monthly chart seems to forming right shoulder with neckline around 40

juliusyap Oct 4, 2019

In FCPO Monthly chart, double tweezers candlesticks appeared again at 2300 level as it creeps to overbought region. Can potentially fall back to 2000 level.

juliusyap Oct 4, 2019

KLCI falls further after Double Top confirmation around 1600 & currently still unable to break out of Falling Wedge Pattern

juliusyap Oct 4, 2019

Rising Wedge Pattern violated followed by a hammer candle closing above EMA 200 with StoRSI in oversold region. Watch how it play out today !

juliusyap Oct 4, 2019

After plunging 2 days & breaking supports, it is now resting at quadruple supports, ie Rising Wedge lower band, EMA200, FiboR 61.8% & StoRSI in oversold region. Tonight would be interesting !

juliusyap Oct 1, 2019

DAYANG almost completing a bullish Cup & Handle pattern within a multi year Rounding Bottom pattern in monthly chart with huge volume from this year onwards. A break above FiboR 38.2% or around 1.80 with have potential run up to previous high or 100%.

juliusyap Oct 1, 2019

SILVER FUTURES turned bearish as it broke EMA50 & chugging along downtrend channel but has reached lower band. It might have a rebound or breach lower to head towards FiboR 61.8% or EMA200 support

juliusyap Oct 1, 2019

GOLD FUTURES have turned bearish after breaching below Head & Shoulder neckline & also EMA50. Opportunity to SHORT until next confluence support of H&S target, previous high & FiboR 38.2%

juliusyap Oct 1, 2019

Among the 3 major indices, NASDAQ 100 is the closest to forming the Rising Wedge Pattern as it is currently already below EMA50 and at the confluence support of previous high & lower uptrend line. Breaching around 7680, it will turn bearish and heads towards EMA200 as its next support around 7500.

juliusyap Oct 1, 2019

S&P500 also forming Rising Wedge Pattern & currently close to immediate support around 2950 & EMA50. Breaching below 2900 will confirm the pattern & turn bearish.

juliusyap Oct 1, 2019

DJIA currently still in bullish mode but forming Rising Wedge Pattern. I notice two confluence of supports. Immediate support is near EMA50 which also confluence with a previous high around 26600 level. Breaching below 26000 confluence with EMA200 level will confirm Rising Wedge Pattern as DJIA turns bearish.