i see red

based on charting, anyone can point out that STI is creating an ascending flag or upwards wedging, maybe poised for a breakout. important level to watch is 2285. however, today proved to be a down day as it tried to reach the high of 2285. i believe that there will be a few more down days after today since the charge has lost its momentum.

areit is showing a short but the perfect entry would be on monday. just need to watch out for a slight pullback after 4 days in the red. short on strength, 10/27 EMA showing that areit is starting to downtrend. target at 1.23. if its still downtrending, enter a short back at 10-day EMA. stochastic crossover will confirm movement.

reversal at peak

time to share some trading views. it's been awhile since i've put up anything, so lemme just get the ball rolling again.

with STI closing in the red today, the daily chart for the past 2 weeks nicely shows a double top formation. other indicators may confirm the reversal with stochastic cutting its signal and RSI showing a bearish divergence. why i would say that this might be a potential reversal? simple. the market failed to break its previous high of 2285, created a peak and sank. RSI shows a weakening momentum, indicating weakness in the upwards movement. we could see STI moving to 1990, which is a 50% retracement from the start of the up move. important level to watch is the 2132 support, in which a move below this could signal the retracement or reversal.

i was long on AREIT a few days back, showing a nice upwards hammer with a stochastic cut. RSI also shows a positive divergence and the stock was on a steady uptrend. however, it started acting weird with 2 days hovering around its open, indicating that it has lost abit of steam. so i guess it was right to pull out. the stock closed at 1.36 today, not a very good sign. i'm not turning short on this stock just yet although 10EMA has already cut 20EMA. worth waiting a little bit more.

i always loved looking at capitaland when trading volume is high. today it made a reverse hammer, hanging... short signal? maybe, but i would prefer it to gap up in the sky, at least showing me a shooting star. other indicators such as stochastic and RSI showing that a downwards move is imminent. a slight bearish divergence on the RSI that i would not discount, but its worth looking. capitaland would be a good short, just look out for 3.33 and 3.13 support levels.

i was so stupid

i decided to clean out my cupboard. i just got 7 to 9 new t-shirts and a couple of shorts so i decided to tear up my wardrobe. i dragged out a pile of clothes neatly folded and well, i came across an old paperbag. my heart sank. it was the one she was looking for. there was a diary inside, and i thought to myself, better not read it. like she said, it might "reopen old wounds that have been painfully stitched". i have a knack of not listening to anyone so i went ahead and read, looking for specific dates in the diary.

i was scarred, and angry.

i guess i had no name back then. i was kept a secret, a dark secret affair that could never be made public. i was like a toy that you kept in your closet, a source of comfort in your loneliest days but it would also make you feel guilty because i was supposed to be kept a secret. honestly i hated this and for many years i've endured.

there was no mention of me.

none at all.

what am i to you? what was i to you? seriously, what was i to you?

i hope you are reading this. i'm just sharing with you the pain. the blood never stopped flowing. there are still shards lodged within this aching heart.