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Swin
Friday, September 30, 2005
Quick wrap up 29-Sep-2005
Here are the signals I have received for today's 29-sep-05 trading
Long SIMSCI Oct05 contract @ level 273.7 Short SIMSCI Oct05 contract @ (to be confirmed after market reopen) Long H-Share Oct05 contract@ 5257 Long SoyBeans Nov05 contract @ (tobe confirmed after market reopen)
Update: Long position of SoyBeans Nov05 was established at 563.6.
Quick note: 29-Sep-2005 will be the last trading day for the following futures contracts: HKFE H-Shares Index Fut - Sep’05 HKFE Mini Hang Seng Fut - Sep’05 SGX MSCI SG Fut - Sep’05 SGX MSCI TW Fut - Sep’05
Here are the signals I have received for 29-Sep-2005 trading. SHORT: Mini HangSeng Oct05 contract LONG : SOYBEANS Nov05 contract
Exact buy level will be confirmed after market re-open.
Quick note: 29-Sep-2005 will be the last trading day for the following futures contracts: HKFE H-Shares Index Fut - Sep’05 HKFE Mini Hang Seng Fut - Sep’05 SGX MSCI SG Fut - Sep’05 SGX MSCI TW Fut - Sep’05
Here are the signals I have received for tomorrow's trading. Long: SIMSCI Sep05 contract , buy level @274.7 Long: MSCI Taiwan Sep05 contract , buy level@250 Long: Mini HangSeng Sep05 contract
SoyBeans NOV05: After touching 13-moving average with a high of 583.4, Soybeans start to drop on last friday. I have received a SELL signal for Nov05 contract. Complete Sell setup will be confirmed after market re-open.
Update: market open Sell level @566.6
Mini JGB Dec05: I have received a BUY signal for Mini JGB DEC05. Complete BUY setup will be confirmed after market re-open.
Update: market open BUY level @139.2
Mini HangSeng Sep05: I have received a SELL signal for Sep05 contract. In addition, from swin buyer/seller force index, sellers force index starts ticking up and crosses above buyers. completed Sell setup will be confirmed after market re-open.
This is rather a reversal signal. I have received a BUY signal for Soybeans Nov05. Seller's curve is still dominating, however, buyer's curve is making higher low while sellers drifting downward. Complete buy setup will be confirmed after market re-open.
Update 22-Sep-2005, market open: Buy setup was not completed. NO trade is done.
From daily chart, Sellers force index continues ticking down, to be accurate, it is sloping down while buyers force index staying flat. Selling pressure is eased, at least. Yesterday (20-Sep-2005), MSCI Taiwan index futures managed to have a up close and settle above 21-day moving average and currently right under 40-day moving average. I have received a BUY signal for tomorrow's trading. Odds are with trading Long. Complete BUY setup will only be confirmed after market re-open.
Last trade Date||Open||High||Low||Close 09/20/2005||253.200||257.100||250.300||256.300
Yesterday(19-Sep-2005) SIMSCI tested support and rebounded before closing. It managed to close above support 272. BUY setup was not completed. As mentioned in weekly view, SIMSCI continues its range movement.
I have received another BUY signal. This is a short term call, trying catch small movement within the trading range. Complete BUY setup will be confirmed when market re-open.
Last trade: Date||Open||High||Low||Close 09/19/2005||274.000||274.000||271.200||272.700
update 20-sep-2005: Long position was established at 272.7
SIMSCI Sep05: From daily chart, SIMSCI closed above 13-day moving average last week. Support is found. I have received a BUY signal for short term trading. Odds are with trading at Long side if index futures continues moving in trading range. BUY level will be confirmed after market re-open.
Update : This BUY setup is not completed as SIMSCI failed to perform. No trade is executed.
Weekly review of SIMSCI Sep05 19-Sep-05 to 23-Sep-05
SIMSCI Sep05: SIMSCI futures managed to close above 13-day moving average last week. Support is likely at 272.8 and 272. From Swin Buyer/Seller force index, though buyer’s force is staying above sellers’, it has been ticking down since 29-August-2005. At the same time, Sellers’ force index is staying relatively flat. SIMSCI is likely to move within small trading range. Resistance is likely at 277.2.
MSCI Taiwan Sep05 Contract: I have received another SELL signal for MSCI Taiwan. Last Friday (09-Sep-2005), a black candle was form after it tested 21-day moving average resistance. From Buyer/Seller curve, Sellers are dominating and edging up while buyers are ticking down. MSCI Taiwan index Futures is currently below 21-day and 40-day moving average. Odds are with Short position.
Last trade: Date| Open|High | Low|Close|Volume 09/09/2005|256.300|257.000|253.400|254.800|481
SIMSCI Sep05 Contract: From daily chart, Buyer’s curve just crossed above sellers’ after market closed on 09-Sep-2005. SIMSCI managed to close above 9-day, 21-day, and 40-day moving average, and 9-day moving average starts crossing above 21-day’s.I have received a BUY signal for SIMSCI. Odds are with trading in Long site for this point of time.
Nikkei225 DEC05: I have received a BUY signal for Nikkei. Index futres has stayed right above trendline, with Buyer's curve showing buyers are still dominating. I am putting my bet on Long. Complete BUY setup will be confirmed after market re-open.
Update: I am looking at 12590 to establish a Long position.
MSCI Taiwan Sep05: I have turned a little bearish about MSCI Taiwan now. A Sell signal is received. Recent upward movement constructs a Sell setup for me. Complete setup will be confirmed after market re-open.
Update: I am looking at 253.9 to establish Short position Short position exited at 254.8.
SIMSCI Sep05: I have BUY signal for SIMSCI. Yesterday (08-Sep-2005), index futres managed to closed right above 40-day moving average support. This call requires some amount increase in buyers' force. Complete setup will be confirmed after market re-open.
In the event that 269.7 level is broken convincely, I am looking at Sell.
update: I am looking at 272.3 to establish Long position. Long position established. Exited at 271.5 as buyers failed to push up further. Currently , Seller's curve is above buyers'. Waiting for next entry point.
SoyBean Nov05: I have received a Sell signal for SoyBean. With Seller's curve starts ticking up, it increases my odds on short. Complete Sell setup will be confirmed after market re-open.
Mini Hang Seng Sep05: After closing with a inside day, I maintain Sell signal for Mini Hang Seng on 07-September-2005. Refer to previous call of Mini Hang Seng. Click here
H-Share Index Sep05: From daily chart, yesterday (07-September-2005) index futures failed to triggered my selling point. Sellers are not building up strength. I have received another SELL signal. H-Share Index Futures is currently staying between 21-day moving average and 40-day moving average. Complete Sell setup will be confirmed after market re-open.
Mini HangSeng Sep05: I have received a Sell signal for Mini HangSeng index Futures. It is currently stay around 21-day moving average support. In addition, seller's curve starts crossing above buyers', this gives me another sell signal. Complete Sell setup will be confirmed after market re-open. Odds are with Short site for me at this point of time.
H-shares Sep05: Yesterday (06-September-2005), H-shares index futures failed to complete my sell setup though it did have a down close. I have received another SELL signal. Complete Sell setup will be confirmed after market re-open. Odds are with short site at this point of time.
SIMSCI sep05: From daily chart, SIMSCI closed below 21-day moving average and right above 40-day moving average support line. Seller's curve start crossing above buyers. I have received a Sell signal. Complete Sell setup will be confirmed after market re-open. SIMSCI most likely to open high after overnight DJ index rallied over 141 points. However, I am betting on Short site.
Update 07-Sep-2005 10:52am SIMSCI opened high and losing its early gain. I am looking at 270.5 to establish Short position.
H-shares Sep05: I have received a Sell signal for H-shares. The recent rebound gives me a setup of Sell to join the the downtrend if the rebound is unsustainable. H-shares is current right under 21-day and 40-day moving average resistance. I am betting at short. Complete Sell setup will be confirmed after market re-open.
MSCI Taiwan Sep05: Yesterday (05-September-2005), buyers failed to perform, my buy setup was not formed, however, it did manage to form a up close. I have just received another BUY signal for MSCI Taiwan. Complete BUY setup will be confirmed after market re-open. I am betting on Long.
Update 07-Sep-2005: MSCI Taiwan failed to complete my BUY setup. System call was voided. I am staying neutral for MSCI Taiwan now.
MSCI Taiwan Sep 05: I have received a BUY signal from my system. From daily chart, there might be a chance of short term trend reversal. Complete BUY setup will be confirmed after market re-open. I would like to obtain enough buyer's force to realize the BUY signal.
On the other hand, I am looking at Sell if 251.7 level is broken.
Update 05-sep-2005 10:25am: I am looking at 256.6 level to establish a Long position.
Financial Futures It's gonna be a quiet day. I do not receive any signal to establish position. So, I am staying neutral for regional market.
Commodity Futures I have almost completed system testing for commodities futures such as Corn, SoyBean, Soy meal and Wheat. Watch out for system calls for the coming week.