OCBC Bank Technical Analysis: 14 July 2016, Thursday, 8.48am Singapore Time

OCBC Bank Technical Analysis: 

14 July 2016, Thursday, 8.48am Singapore Time

Attached above is the technicals for OCBC Bank that is listed in Singapore Stocks Exchange.

Green Boxed Zone is where worldwide funds flow is a MAXIMUM LONGS/BUYS. For the past 1 year, all red volume bars are fake sell volumes and all green volume bars are real buy volumes: re-accumulation by smart monies. OCBC Bank will proceed to make historic all time new highs now. Historic all time new high is a guarantee based on Funds Flow Analysis coupled with Technical Analysis. Super rally is in place for 2H-2016 and 2017.

DNA Technical Rating:

Bullish

Donovan Norfolk Ang

Philippines PSE Composite Index (PSEi): 13 July 2016, Wednesday, 10.25pm Singapore Time

Philippines PSE Composite Index (PSEi):

13 July 2016, Wednesday, 10.25pm Singapore Time

Smart monies re-accumulated massive amount of Philippines stocks within the ligh-green boxed region before Duterte was elected as president of Philippines. A Trinity of Gap-up Supports were then launched as illustrated. There will be a massive rally of a lifetime in 2016 and 2017 in Philippines. 8100 points will break up explosively. This will set the tone for all stocks to shoot fiercely upwards in Philippines. Rising tide lifts all boats now. Humongous bull market to come in Philippines. You have been warned.

DNA Technical Rating:

Bullish

Donovan Norfolk Ang

Yoma Strategic: 13 July 2016, Tuesday, 7.35am Singapore Time

Yoma Strategic: 

13 July 2016, Tuesday, 7.35am Singapore Time

Attached above is the technical analysis of Yoma Strategic, a stock with a strong Myanmar-theme due to its strategic developments in Myanmar and its focus on the emerging market. This makes the stock the one of the best investments for a rally.

* Double breakup of blue resistance band and orange resistance lines: more upside ahead

* Volumes: selling always dries easily and big hands scoop up big thereafter. 

* Big Hands absorbed all the profit takings of the small retailers after breakup.

* Bullish inverse should-head-shoulder

* 1st target: 72.5cents; 2nd target 87.5cents, 3rd target break out 82.5cents to go beyond $1.00.

* Highly bullish because smart money likes Myanmar theme and Myanmar play.

* Worldwide funds flow of smart monies worldwide: Maximum strength longs while retailers representing fools' monies are maximum bearishness

DNA Technical Rating:

Bullish

Donovan Norfolk Ang

Technical Analysis of France CAC40 Index For Your Learning: 12 July 2016, Tuesday, 3.56pm Singapore Time

Technical Analysis of France CAC40 Index For Your Learning: 

12 July 2016, Tuesday, 3.56pm Singapore Time

Attached above is the French CAC40 Index Technical Analysis for your learning.
The French CAC40 reflects the state of the stock market in France.
Below attached are the previous live analyses and positions taken before the BREXIT crisis:

http://donovan-ang.blogspot.sg/2016/05/france-cac40-index-11-may-2016.html
http://donovan-ang.blogspot.sg/2016/04/french-cac-40-index-technical-analysis.html

Exiting shorts positions.
FFA: International funds flow of Smart Monies and Big Hands in worldwide financial markets are big longs/buys.

Above are the profits in (E) Euro (EUR).
Below are the profits converted into (SD) Singapore Dollar (SGD).

Profits in this trade:
+ S$ 36,322 SGD

Cumulative:

S$ 1,414,150 + S$ 36,322
= + S$ 1,450,472 SGD

Trading Journal:

http://donovan-ang.blogspot.sg/search/label/Trading%20Journal

Donovan Norfolk Ang

Business, Trading & Investment Quotes of Wisdom (7)

Stocks and Equities Market:
When it is low, people say it is bear market and crash's coming, and smart monies buy from them. Strangely, when it is high, they say it's bull market but smart monies sell to them. Do you feel yourself in the same scenario over and over again? Like history always repeats? Congratulations, because you have a chance to make money from people who never learn.
- Donovan Norfolk Ang

Donovan Norfolk Ang

CIMB Bank: 12 July 2016, Tuesday, 8.05am Singapore Time

CIMB Bank: 

12 July 2016, Tuesday, 8.05am Singapore Time

Attached above is the technical analysis of CIMB Bank, a component blue chip component stock of the KLCI Index.

1. Ending of the triple lines of reverse bump-and-run

2. Capitulation

3. Red volume bar that is a buy and not a sell by the big hands and smart monies in the market 

4. High volume absorption by the market

5. Bullish rally is coming for CIMB Bank
6. Expected to rally for the rest of 2016 and 2017.

Donovan Norfolk Ang

DBS Technical Analysis: 12 July 2016, Tuesday, 6.27am Singapore Time

DBS Technical Analysis: 

12 July 2016, Tuesday, 6.27am Singapore Time

Attached above is the technical analysis for DBS Bank.

Selling has been easily dried up and impulsive buying takes over suddenly. This has already happened for 2 cycles. Bullish consolidation is ending and the cup-and-handle target for DBS Bank is $18.60. Expected to rally for the rest of 2016 and 2017.

Previous DBS Bank Analysis:

http://donovan-ang.blogspot.sg/2016/01/dbs-bank-20-year-secular-trend-12.html

Donovan Norfolk Ang

Resources Prima: 11 July 2016, Monday, 2.41pm Singapore Time

Resources Prima: 11 July 2016, Monday, 2.41pm Singapore Time

Attached above is the technicals for Resources Prima, a commodity company with its stock listed in Singapore. 

Target: at least +100% profits (multi-bagger)

A rising tide lifts almost all boats in stocks and equities.
Expected to rally for the rest of 2016 and 2017.

DNA Technical Rating of Stock markets and Financial Markets Worldwide:

Bullish on especially commodity stocks
All markets worldwide to rally. Resumption of big bull market.

Donovan Norfolk Ang

Malaysia FTSE Bursa KLCI Index: 11 July 2016, Monday, 12.33pm Singapore Time

Malaysia FTSE Bursa KLCI Index: 

11 July 2016, Monday, 12.33pm Singapore Time

Attached above is the technicals for Malaysia FTSE Bursa KLCI Index.

The sharp breakdown in 2015 caused entire Malaysia public to be very bearish and gloomy about their economy. However, Big Hands and Smart Monies worldwide are big longs, to the point of MAXIMUM LONGS/BUYS after the sharp breakdown. 

The green boxed region illustrates how big hands and smart monies used reverse-technicals to do re-accumulation and bullish consolidation. The consolidation is reaching an end. It is expected to break up.

A rising tide lifts all boats and almost all stocks are expected to rally (except problematic boats/companies that have holes). Buying of blue chips and quality mid caps present best yet safe opportunities now in Malaysia. It will be a commodity-stocks led rally worldwide. Palm oil, agricultural, mining and raw material stocks will be best performers in Malaysia. Bull market is expected to resume in 2nd half of 2016 and in 2017 when most are expecting a bear market and stock market crash. KLCI and Malaysia stock market is to make all time new historical highs. Expected to rally for the rest of 2016 and 2017. You are now warned before it happens. 

DNA Technical Rating of Stock markets and Financial Markets Worldwide:

Bullish
All markets worldwide to rally. Resumption of big bull market.
Expected to rally for the rest of 2016 and 2017.

Donovan Norfolk Ang

Straits Times Index: 11 July 2016, Monday, 11.08am Singapore Time

Singapore Straits Times Index: 

11 July 2016, Monday, 11.08am Singapore Time

Attached above is the technicals for Singapore Straits Times Index, one of the best indicators for the health of worldwide financial markets. 

Big Hands and Smart Monies are big longs in financial markets worldwide. 

Straits Times Index is showing re-accumulation and bullish consolidation that is reaching an end of the consolidation. It is expected to break up. 

A rising tide lifts all boats, and almost all stocks are expected to rally (except problematic boats/companies that have holes). Buying of blue chips and quality mid caps present best yet safe opportunities now. It will be commodity-stocks led rally worldwide. Bull market is expected 2nd half of 2016 and in 2017 when most are expecting a stock market crash.

DNA Technical Rating of Stock markets and Financial Markets Worldwide:

Bullish 
Expected to rally for the rest of 2016 and 2017.
All markets worldwide to rally. Resumption of big bull market.

Donovan Norfolk Ang

Chinese RMB (Chinese Yuan) Depreciation: Why the 100% guaranteed win is getting realized now

USDCNH (US Dollar - Chinese Yuan Exchange Rate):
Up-move in chart means US Dollar up and Chinese Yuan down.

For the past 2 years, I had warned that China's Renminbi (Chinese Yuan) will be forced to devalue persistently and that the Chinese Central Bank has to keep flooding the Chinese economy with Renminbi. This is because:
1. Banks in China have a lot of hidden bad debts, and PBOC has to pump in liquidity relentlessly.
2. China's weak export market needs protection
3. China is still in transition to diversify its economy, particularly to consumption based, so it needs to carry on protecting its manufacturing sector and its export-reliant sectors
4. The labour market needs protection (a need to protect manufacturing industries by making exports cheap)
5. Using of monetary policy is the fastest approach to resuscitate itself
6. China has to suppress interest rate to stimulate the fragile economy, this has a selling pressure on Chinese Yuan

Lastly, point number 7:
7. China likes to use old tricks to stimulate its own stock market: liquidity flood. So, in order to have a sure win in shorting Renminbi or the Chinese Yuan, hedge funds worldwide just need to crash, dump, pound, hammer, sell sell and nothing but sell down the Chinese stock market with immense non-naked and naked shorts. Relentless naked shorts alone creates the churning that is enough to trigger margin calls among the large number of Chinese retailers and cause fear among Chinese investors. That will force the Chinese government to press the "old-tricks" button and the Chinese equities market will be rescued. With that, the RMB is automatically and substantially devalued. Even if Chinese government does not press the "save-market" button, fear drives RMB down just as well and the psychology factor (confidence) plays an important part in financial markets.

 Remember a few months ago, I had mentioned that China's Renminbi (RMB) will carry on to devalue and depreciate again despite China government reiterating, and pounding their chest so confidently, they will keep the currency strong? I also said that George Soros may not really be shorting Chinese stock market (just short term or naked shorts only), but his real focus is actually shorting the Chinese currency. Well, here you are..

<< Today's Latest News  on Chinese Yuan Devaluation >>:

http://www.telegraph.co.uk/business/2016/07/07/world-faces-deflation-shock-as-china-devalues-at-accelerating-pa/

Congrats to RMB shortists who are assured of a sure-win home run, something that I had reiterated countless times that financial markets can be a 100% sure win if one plays his cards correctly.

If the RMB continues this wave of devaluation completing the rounding bottom of USD-CNH (meaning CNHUSD topping out), it means the RMB may bring about a wave of bullish moves in Chinese stocks and stimulate stock markets in Asia-Pacific (Asia, Australia, New Zealand).

Donovan Norfolk Ang

SGX Technical Analysis: 8 July 2016, Friday, 10.44am Singapore Time

SGX Technical Analysis: 

8 July 2016, Friday, 10.44am Singapore Time

Attached above is the technical analysis of Singapore Exchange Ltd (SGX), the stocks exchange of Singapore. It underwent 2 large consolidations (large pink and blue descending wedges: Bullish). Its main waves are illustrated in Green. There are many supports acting as pivots now for the stock to go up as a big wave, amidst the public media calling for financial market crashes after Brexit. 

Stocks in Singapore will see volumes flooding into the market again in 2017 and 2018.

Stocks in Asia-Pacific will see volumes flooding into the region again too in 2017 and 2018.
You have been forewarned.

DNA Technical Rating:

Bullish
Expected to rally for the rest of 2016 and 2017.
(Target Price: Break up the entire high of the above attached chart of SGX)

Donovan Norfolk Ang

GMG Global: 7 July 2016, Thursday, 11.38am Singapore Time

GMG Global: 

7 July 2016, Thursday, 11.38am Singapore Time

Attached is the advanced and in-depth technical analysis of GMG Global.
The Primary Accumulation Zone and the Secondary Accumulation Zone are highlighted in chart.
The arrows pointing the green volume bar is a real buy, the red volume bar a fake sell (secret buy), and the selling is dry but stock is strong now. The triple banded supports are used as launchpads for all GMG stock rallies. 

DNA Technical Rating:

GMG, Commodity Stocks, Rubber and Commodities: Bullish
Expected to rally for the rest of 2016 and 2017.

Donovan Norfolk Ang

Valuetronics Technical Analysis: 7 July 2016, Thursday, 11.06am Singapore Time

Valuetronics Technical Analysis: 

7 July 2016, Thursday, 11.06am Singapore Time

Attached above is the technical analysis of Valuetronics, a stock that is listed in the Singapore SGX.

Full Volume Analysis is as illustrated on chart.
Break-up with successful backtests of supports.

Buying volume is still there. 

Expected to rally for the rest of 2016 and 2017.

Donovan Norfolk Technical Rating:

Bullish.

Donovan Norfolk Ang

Technical Analysis of MSCI Singapore Index (SiMSCI) For Your Learning: 7 July 2016, Thursday, 10.01am Singapore Time

Technical Analysis of MSCI Singapore Index (SiMSCI) For Your Learning: 

7 July 2016,  Thursday, 10.01am Singapore Time

Attached above is the MSCI Singapore Index (SiMSCI) Technical Analysis for your learning.
Refer in particular to the critical pink and light blue resistance-support technical lines.
The MSCI Singapore is correlated to Straits Times Index and reflects Singapore market.
Refer to previous live analyses below when the trade was taken:

http://donovan-ang.blogspot.sg/2016/05/msci-singapore-index-10-may-2016.html
http://donovan-ang.blogspot.sg/2016/04/msci-singapore-simsci-technical.html

Exiting shorts positions.
International funds flow of Smart Monies and Big Hands in worldwide financial markets are big longs/buys now.

Above are the losses in (SD) Singapore Dollar (HKD).
Below are the losses converted into (SD) Singapore Dollar (SGD).

Losses in this trade:
- S$ 23,295 SGD

Cumulative:

S$ 1,437,445 - S$ 23,295
= + S$ 1,414,150 SGD

Trading Journal:

http://donovan-ang.blogspot.sg/search/label/Trading%20Journal

Donovan Norfolk Ang

Technical Analysis of Hang Seng Index For Your Learning: 7 July 2016, Thursday, 7.45am Singapore Time

Technical Analysis of Hang Seng Index For Your Learning: 

7 July 2016,  Thursday, 7.45am Singapore Time

Attached above is the Hang Seng Index Technical Analysis for your learning.
Refer to previous live analyses below when the trade was taken:

http://donovan-ang.blogspot.sg/2016/05/hong-kong-hang-seng-index-30-may-2016.html
http://donovan-ang.blogspot.sg/2016/05/hong-kong-hang-seng-index-9-may-2016.html

Full History of Hang Seng Index Analyses:
http://donovan-ang.blogspot.sg/search/label/Hang%20Seng%20Index

Exiting shorts positions.
Exiting the rest of my Hang Seng Index shorts.
International funds flow of Smart Monies and Big Hands in worldwide financial markets are big longs/buys now.

Above are the profits in (HK$) Hong Kong Dollar (HKD).
Below are the profits converted into (SD) Singapore Dollar (SGD).

Profits in this trade:
+ S$ 271 SGD

Cumulative:

S$ 1,437,174 + S$ 271
= + S$ 1,437,445 SGD

Trading Journal:

http://donovan-ang.blogspot.sg/search/label/Trading%20Journal

Donovan Norfolk Ang

Olam International Technical Analysis: 5 July 2016, Tuesday, 8.08am Singapore Time

Olam International Technical Analysis: 

5 July 2016, Tuesday, 8.00am Singapore Time

Attached above is the technical analysis showing the volume play in Olam International.

As warned during end of 2015 and start of 2016 (January-February 2016) that commodity stocks will be the strongest, Olam is still displaying strength and is one of the strongest commodity stock in Singapore Stocks Exchange (SGX). Hence its rebound will the strongest among the commodity stocks. 

Olam International Technical Analysis: 

5 July 2016, Tuesday, 8.08am Singapore Time

Attached above is the technical support and resistance lines showing the strength in this stock.

It has broken resistances (pink and blue lines). It has multiple supports with it right now (blue and orange supports). It will reinforce these supports as a launchpad for further rallies

Note that the big dead cat bounce rally will be significant. It will even last short-mid term. But they remain long term counter-trend relief rally. Most people are bearish in the financial markets due to Brexit. 

Brexit will turn out to be not much of an event; instead it is an event to lure shorts in, lay traps on them and rob the shorts. It is an event that throws people into confusion, making wrong decisions based on logic. Market is not about logic.

DNA Technical Rating on Olam International:

Bullish
Expected to rally for the rest of 2016 and 2017.

Donovan Norfolk Ang

Wilmar International: 4 July 2016, Monday, 7.33am Singapore Time

Wilmar International: 

4 July 2016, Monday, 7.33am Singapore Time

Attached above is the Technical Analysis of Wilmar International, a stock that is listed in the Singapore SGX.

1. Long term breakup

2. High Volume breakup, and any retailers' selling are absorbed by smart monies

3. Ignored Brexit fear. Buy on Brexit fear.

4. Bullish Pink Wedge

5. Currently at confluence of three powerful supports (pink, blue and yellow supports)
6. Expected to rally for the rest of 2016 and 2017.
7. Any red bearish-looking high volume bars that come are actually buys from smart monies (and to shake out retailers, traders and investors who interpret volumes naively)

Donovan Norfolk Technical Rating:

Bullish
Expected to rally for the rest of 2016 and 2017.

Donovan Norfolk Ang

Gold Technical Analysis Update: 1 July 2016, Friday, 10.28am Singapore Time

Gold Technical Analysis Update: 

1 July 2016, Friday, 10.28am Singapore Time

Gold has further built up a layer of break-out protected zone where hot monies worldwide protect their breakout profits using this layer ($1200-$1300 band) as highlighted in the technical chart above. This layer of camping will be used as support to launch further rallies for attacking up. Any temporary dip in Gold to the protected zone of $1200-$1300 is the final chance to buy before more rallies in Gold keeps coming. I am adding some more Gold for investment today. Gold is expected to rally for the rest of 2016 and 2017.

Gold and Gold ETFs (SPDR GLD) Technical Rating:

Bullish
Expected to rally for the rest of 2016 and 2017.

ALL GOLD ANALYSES (IMPORTANT):
http://donovan-ang.blogspot.sg/search/label/Gold

Donovan Norfolk Ang

Spain IBEX Technical Analysis: 30 June 2016, Thursday, 8.15am Singapore Time

Spain IBEX Technical Analysis: 30 June 2016, Thursday, 8.15am Singapore Time

Attached above is the technicals for Spain IBEX Index.

Bearish. Added slight shorts on spain.

Fear may be coming back soon in Europe.

Donovan Norfolk Ang

NZDCHF Technical Analysis: 29 June 2016, Wednesday, 4.04pm Singapore Time

NZDCHF Technical Analysis: 

29 June 2016, Wednesday, 4.04pm Singapore Time

Attached above is the Daily Chart Technical Analysis of NZDCHF:
Mid-long term bullish consolidation having a break-up, followed by backtest of resistance-turned-supports successfully.
Market makers also stablised this pair during Brexit results, making the forex pair a reliable pair post-Brexit.
Donovan Norfolk Technical Rating:

Bullish/Buy

Donovan Norfolk Ang

Deutsche Bank Technical Analysis - RED FLAG HIGH ALERT: 28 June 2016, Tuesday, 7.20pm Singapore Time

Deutsche Bank Technical Analysis - RED FLAG HIGH ALERT: 

28 June 2016, Tuesday, 7.20pm Singapore Time

Attached above is the technicals of Deutsche Bank.
Note the following points below with reference to the technical analysis above:

1. Deutsche Bank has broken down long term symmetrical triangle of consolidation.

2. Deutsche Bank has broken down secular cycle's double-lined (dark brown) classical support lines. 

3. Deutsche Bank has broken down all the supports of the past crises: Dot-com bust, 9/11 Terror Attack, U.S Subprime Crash and the Eurozone Crisis, meaning it is currently in a state that is worse than the worst of the past financial market crises.

4. Extremely high volume dumping detected during U.S subprime crash, Eurozone Crisis and Brexit Fear. 

5. The critical breakdowns with extremely high volume occurred before recent major news such as BREXIT from EU (i.e. breakdown occurred without news), and this makes the breakdown reliable and real.

Donovan Norfolk Technical Rating:

Highly Bearish

(Potential trigger of MAX Fear and domino effect leading to a systemic market crash)
The fear may come only next year onwards after back-testing the secular support-turned-resistance as resistance successfully. That is when confirmation is achieved successfully that the shit has hit the fan.

Donovan Norfolk Ang

Technical Analysis of Hang Seng Index For Your Learning: 27 June 2016, Monday, 2.25pm Singapore Time

Technical Analysis of Hang Seng Index For Your Learning: 

27 June 2016, Monday, 2.25pm Singapore Time

Attached above is the Hang Seng Index Technical Analysis for your learning.
Refer to previous live analyses below when the trade was taken:

http://donovan-ang.blogspot.sg/2016/05/hong-kong-hang-seng-index-30-may-2016.html
http://donovan-ang.blogspot.sg/2016/05/hong-kong-hang-seng-index-9-may-2016.html

Full History of Hang Seng Index Analyses:
http://donovan-ang.blogspot.sg/search/label/Hang%20Seng%20Index

I am taking profits of Asian Market Shorts starting this week as large amounts of hot monies worldwide have been flooding into Asia the past few months before BREXIT and continue to do so right after the post-BREXIT.

Above are the profits in (HK$) Hong Kong Dollar (HKD).
Below are the profits converted into (SD) Singapore Dollar (SGD).

Profits in this trade:
+ S$ 8,606 SGD

Cumulative:

S$ 1,428,568 + S$ 8,606
= + S$ 1,437,174 SGD

Trading Journal:

http://donovan-ang.blogspot.sg/search/label/Trading%20Journal

Donovan Norfolk Ang