Technicals of Lumber for Trading: 29 December 2019, Sunday

Technicals of Lumber for Trading:

29 December 2019, Sunday
(Click on the Technical Chart Above to Expand)

Attached is the Technicals for Lumber. Lumber is a buy/long now whether for trading or investing for the short-mid term. Australia is burning, and the forest fires are at a critical emergency state now. Huge amount of forests have been burnt in South East Asia, Brazil, US and Australia this year. The market has not fully digested the extent of the damage yet, and with global warming, it will not get any better. The best hedge for many countries' governments is to go into lumber market and buy up lumber ETFs, lumber contracts and lumber derivatives now, so that future expensive wood resources can be subsidized more cheaply by the current hedges of intensive buys. Expect lumber prices to shoot up. The technical chart, with the illustrated tangents, support my point.

The Donovan Norfolk Technical Rating:
Bullish

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Wilmar International: 29 December 2019, Sunday

Updated Technicals of Wilmar International:

29 December 2019, Sunday
(Click on the Technical Chart Above to Expand)

Attached is the Updated Technicals of Wilmar International. The entire yellow circled region was forewarned by me, before prices moved, that Palm Oil and good palm oil stocks worldwide, such as Wilmar, will make a great bullish rounding bottom for a super rally. When most people were gloom and doom on palm oil, I turned into high optimism. In the middle of this year 2019 and reiterated in 3Q-2019, I had said that palm oil was going to have extreme rally, and it is all happening now, true to my words (refer to past live track records as attached below). Wilmar will challenge for $7.11 long term technical resistance in the resumed cycle for palm oil, and is expected to break up $7.11 resistance like a hot knife cutting through butter.

The Donovan Norfolk Technical Rating:
Bullish

Past Wilmar Analyses:
http://donovan-ang.blogspot.com/search/label/Wilmar

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Hibiscus Petroleum (KLSE: 5199): 29 December 2019, Sunday

Hibiscus Petroleum (KLSE: 5199): 

29 December 2019, Sunday

(Click on Technical Chart above to Expand)

Attached is the Updated Technicals for Hibiscus Petroleum (KLSE: 5199) that is listed in the KLSE. The stock has broken out of its intra-day critical resistance that was formed over a long period of time within the hourly chart, and is turning critical resistances into critical supports (refer to blue arrowed technicals). Golden Cross has also been executed, with price actions having the ability to consolidate above golden cross. This is bullish in nature. Note that in the long term Technicals of Hibiscus Petroleum, it has the ability to break up of 2.68 pivotal resistance set in 2013 and rally beyond 3.00 psychological resistance. This will be in line with crude oil's bullish cycle (target US$180 per barrel) as reiterated in the past few years. Current price is 0.95, and a move beyond 3.00 would represent multi-bagger gain for investors and longs traders, and an expected +1000% gain to my price entry of below 0.30 (refer to past track records).

The Donovan Norfolk Technical Rating:
Bullish

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

Dow Jones Industrial Average (DJIA): 20 December 2019

Daily Chart of Dow Jones Industrial Average (DJIA): 

20 December 2019

(Click on Technical Chart above to Expand)

Attached is the Dow Jones Industrial Average (DJIA) updated technicals which refuse to go down even on any bad news. Market has proven me wrong. Market-makers seem to be in full control. Hence, I am cutting losses on trying to trade a fake break-up since the break-up of the US markets' critical resistances have been proven real (no bad news can shake the break). I am wrong this time in trying to outsmart the market. I am bullish of US markets and the rest of the world, however I remain bearish on Hong Kong market. Today marks a confirmation day for US strength on the breakup of such highly critical resistance.

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

The Hong Kong Hang Seng Index (HSI): 17 December 2019, Tuesday

The Hong Kong Hang Seng Index (HSI): 

17 December 2019, Tuesday

(Click on Technical Chart above to Expand)

Attached is the Hong Kong Hang Seng Index (HSI) which is now a short-sellers' shorting/selling market as demonstrated by my MATRIX recently. Hong Kong is now at red circled high pressure selling zone now. Main wave for Hong Kong remains down and escape waves remain small for chalking up of more shorts against Hang Seng Index and Hong Kong stocks (refer to technical chart).

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

The Hong Kong Hang Seng Index (HSI): 3 December 2019, Tuesday

The Hong Kong Hang Seng Index (HSI): 

3 December 2019, Tuesday

(Click on Technical Chart above to Expand)

Attached is the Hong Kong Hang Seng Index (HSI) which is now a short-sellers' shorting/selling market as demonstrated by my MATRIX recently. The blue circled technical regions are where deliberate suppressions occur. The yellow circled regions show where the triple backtests of resistance-layer for Hang Seng Index had been successful. Collectively, the 5 circled yellow regions show the transition from buyers' market into sellers'/short-sellers' market in a merciful ranging for getting out of HK. The mercy is ending soon. Hong Kong's grand slam down is coming.  

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

The S&P 500 Index: 3 December 2019, Tuesday

The S&P 500 Index: 

3 December 2019, Tuesday

(Click on Technical Chart above to Expand)

Attached is the updated Technicals for The S&P 500 Index. Red Technicals and Black Technicals reflect selling is coming. Greed level among the herd worldwide is exceptionally high now. US markets have weakness now. Trump's election period may be Wall Streets' sychronised giving of face-throwing party for Trump. Protect or hedge yourself with more Gold/Gold ETFs. I am expecting Gold $1600 a guarantee, beyond $2000 a 99% probability and $2500-$3000 a 75% probability.

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence.