Dear Friends & Followers, this writeup for the S&P500 Index outlook is the last I will post in full here, other than some for advertorial purposes. For future posts, Clients will receive via email as per normal. For non-clients, please subscribe to my PATREON channel by clicking the button below! Thank you very much for your past support! Hope my Applied Technical Analysis can continue to help you navigate what I believe is the final laps of this decade long US bull market. S
On Wednesday 16 Jun 2021 10.26pm, I emailed Clients my latest post titled 'Oh well, Summer Doldrums!': 'Dear Clients In my 17 May 2021 writeup, I said: '..Thus even with Friday's (14/5) SPX strong price rebound, price action still has not authoritatively reached into the upper BB (Bollinger Bands) segment. Even when it does, we also need to see that the next price swing down does not breach back into the lower BB segment.. You see, currently, I do not have a bullish pattern o
On Monday 17 May 2021 211pm, I emailed Clients my latest post titled 'Did someone say he's 'Waiting for the Last Dance''? 'Dear Clients Time flies, it's already May 2021! Hope you & fam are keeping well in this soft Circuit Breaker! I'm going to kick off today's writeup into 4 lengthy parts, so pls bear with me!: 1) Quick review from my previous posts 2) Current state of affairs & short/intermediate SPX (S&P500 Index) outlook 3) Big Picture SPX outlook with ominous warning fr
On Wed 10 Mar 2021 6.27pm, I emailed Clients my latest post titled 'Of Corrections, Tech stocks & Value'. I've decided to change the title to 'Chaos is a Ladder' to give that much needed 'zing' to this writeup! After all, you buy when there's blood on the street right? . 'Dear Clients
. How is March treating you? Over here, im superbly busy! Gone are those days where brokers look only at their own local exchanges' stocks. Today SG has 700+ stocks listed, HK 2,500+ & US 6,000+
On Monday 1 Feb 2021 10.55pm, I emailed Clients my latest post titled 'First sign of crack?'. . 'Dear Clients . Hope the first month of 2021 has been awesome to you!
Let's jump straight to see how Mr Market (S&P500 Index) is behaving right now.
From the attached Chart, it seems that the first major crack of the current uptrend may have appeared.
As you can see, bullish price action has so far reached about 75% of my original (green) Cup & Handle target of 3969 (or 60% of
Happy New Year! As part of PhillipCapital's 'Face of Phillip' campaign, I'm excited to be featured as one of the key 'Principal Trading Representative' to watch in 2021.
Thank you PhillipCapital! What an awesome way to kick off 2021! https://www.linkedin.com/posts/phillip-securities-pte-ltd_hi-there-my-name-is-thomas-ng-and-im-a-activity-6747329838903910400-Ledw/ As per my 14 Dec 2020 writeup, it sure puts me on cloud nine to to see Mr Market tracking my bullish script (https
On Monday 14 Dec 2020 8.50pm, I emailed Clients my latest post titled 'Mid & long term bullish but that Put-Call Ratio reflects a Crowded trade'. . 'Dear Clients . It's Dec now & hope you & your family are safe & well! Unlike yesteryears, 2020 has been an incredibly hectic one for me. I need to apologise if I'm not able to get back to your query quickly. In addition, I faced tight constraints usually in the early part of the morning due to clients' orders and other administra
On Tuesday 10 Nov 2020 11.23pm, I emailed Clients my latest post titled 'What a difference a night makes'. . 'Dear Clients . I've actually prepared a 'Quick update' writeup post Biden's victory, for release on Monday 9 Nov evening but in the end did not get to post it due to the sudden surge in US futures market (Dow futures was up 1700 pts) last night. The details of that writeup is as follows: 'This past week's 'Election' and/or 'NFP' (nonfarm payroll) rally in the S&P500 I
On Monday 5 Oct 2020 2.12pm, I emailed Clients my latest post titled 'Looking ahead, beyond the Correction'. . 'Dear Clients . How time flies this year - we are now in the final quarter of 2020! Hope you and your family are safe & well! . Apologies for the lack of write-ups (again!) as the business continues to notch into a high gear. Main reason is because of the continual engagement of UHNW (ultra high networth) & corporate business whose trading/investments needs and accou
On Sunday night 6 Sep 2020 11.10pm, I emailed Clients my latest post titled 'Wake me up when September ends.. (maybe Oct too)'. . Below is the full transcript of my write up: . 'Dear Clients . Apologies for the lack of write-ups. Have been superbly busy these 2 months with many queries for the trio of US/HK/SG & the Precious Metals markets.. not to mention trades in A-shares, London, Tokyo, Taiwan, Thailand & Malaysia! So yes the business is as Global as it should be! Add in
On Monday evening 10 Aug 2020 538pm, I emailed Clients my latest post titled 'I.. am.. inevitable!'. Below is the full transcript of my write up: 'Dear Clients Happy Birthday Singapore! Today is a SG holiday but I wish to give a quick update on the US market. Some clients asked me for my opinion last week on the direction of the S&P500 Index (SPX). Among the various but same replies I gave, I thought the following whatsapp reply dated 7 Aug 2020 (see attached image) is most s
On Tuesday evening 21 Jul 2020 1107pm, I emailed Clients my latest post titled 'Damn! The World is truly our Oyster!'. Below is the full transcript of my write up: 'Dear Clients So many things to share with you, so little time! Gonna be a long post but first things first: 1. S&P500 Index (SPX): Since my post on 22 Jun (one month already?) where I set the parameters for the S&P500 Index (SPX), it has gone nowhere for the past 4 weeks. Now what did I say on 22 Jun? 'As the titl
On Monday morning 6 Jul 2020 922am, I emailed Clients my latest post titled 'As long as the Crowd believes in it, we will trade it!'. . Below is the full transcript of my write up: . 'Dear Clients . I'll kick off with this (last Tuesday 30/6 PMI announcement) -https://www.cnbc.com/2020/07/01/china-economy-caixin-ihs-markit-june-2020-manufacturing-pmi.html . Chinese manufacturing PMI has again surprised to the upside. You may wonder whether the data was even possible with the
On Monday 22 Jun 2020 9.46pm, I emailed Clients my latest post titled 'The Bulls just wouldn't let up the Ghost!'. Below is the full transcript of my write up: 'Dear Clients For the longer term investors: I remain the view that come 3rd quarter 2020, we are likely to see a bigger pullback in the US markets due to the negative seasonality effects which will likely drag global markets down with it. That will be the good time to buy for the longer term. For SG-centric investors,
On Monday 8 Jun 2020 9.40pm, I emailed Clients my latest post titled 'Sleepy STI to Speedy Gonzales?'. Below is the full transcript of my write up: 'Dear Clients Apologies to send out this late, had a busy Monday to kick off the week! Pls first read below my whatsppp message to a Client dated last Wednesday, 3 Jun 2020. While I noted in my whatsapp message to my Client that STI (Singapore's Straits Times Index) may rally towards 50% retracement at 2744 (Friday 5 jun closed 27
On Monday 1 Jun 2020 2.24pm, I emailed Clients my latest post titled 'Make no mistake, Mr Market has indeed showed his hand!'. Below is the full transcript of my write up: 'Dear Clients S&P500 Index (SPX): Mr Market has indeed showed his hand. SPX has broken out of its 61.8% resistance zone at 2934+/- authoritatively. As mentioned in my 10 May 2020 post that 'I may be compelled to re-calibrate my current bias of the rally from 'relief rally' to a more lasting bullish posture'
On Monday 18 May 2020 1055am, I emailed Clients my latest post titled 'Gold is the only financial asset that isn’t someone else’s liability'. Below is the full transcript of my write up: 'Dear Clients Again finished a writeup too late on a Sunday night to post, so here goes: I think many a time my whatsapp reply to Clients often sums up pretty quickly what my opinions are for the Index/stock or that asset class that I'm actively looking at. This is the same for Gold & the Pre
On Sunday 10 May 2020 1145pm, I emailed Clients my latest post titled 'Be patient and let Mr Market show his Hand!'. Below is the full transcript of my write up: 'Dear Clients Back on 1 March, I set your expectations for the S&P500 Index (SPX) to gravitate towards the lower end of my bearish green Broadening Pattern (2000 - 2200), should SPX's11-year long term trend line be authoritatively breached. On 23 March, SPX saw an intra-day low 2191 before launching a 6-weeks relief
On Sunday 3 May 2020 10.06pm, I emailed Clients my latest post titled 'If Mr Market is going to look down, this is probably the best place to do it'. Below is the full transcript of my write up: Dear Clients A short update on S&P500 Index (SPX) & Straits Times Index (STI): On 29 April (Wed), SPX closed at 2939, just 5 pts above my 'stretched' 61.8% Fib retracement target of 2934, before turning down hard on Friday with a 2.81% drop. However, I must admit even with that drop,
On Monday 20 April 2020 6.25pm, I emailed Clients my latest post titled 'A short note to put my TA into perspective..' 'Below is the full transcript of my write up: 'Dear Clients Pls see attached my whatsapp reply to a Client dated late last week. My message here may add color to my 13 April's TA post titled 'Unprecedented times! Some quick takeaways' (www.thom-ng.com/po…/unprecedented-times-some-quick-takeaways). For clarity sake, I rephrased slightly the same Whatsapp messa