STI - See These Signals Before It Rebound

As of now, STI as predicted, the sellers came in to sell down the market and many stocks are pretty oversold with price dipping.

http://stockmarketmindgames.blogspot.sg/2016/01/singapore-straits-times-index-more-sell.html

However if one were to do any shorting, it must not be swing for too long because the market is oversold and a rebound may happen anytime. 2 signs you need to watch before a rebound happens.

1. A heavy flush down with a long bar
2. A panic sell down heavy a huge gap down

I am watching for these signals before taking a position.



Ronald K - Market Psychologist - A Stock Market Opportunist