Tuesday, July 12, 2016

Singapore Straits Times Index - It's Selling Now

STI is starting to sell down now after some powerful rise in the morning. The rise could be just a fake breakout to trap retailers while the BBs were looking to short sell. I hope my prediction is right as posted this morning. Initially I thought I was wrong, but not until end of day, there is still chance that the market would sell down. Let's see.


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In fact, last Saturday on my short term prediction on STI, I expect it to hit the range of 2894-2900. Today it hit a high of 2893.36 before sellers came to sell and book profits off the market! I am sticking to my game plan on short term selling. Click and see my post last Saturday on a weekend!


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Ronald K - Market Psychologist - A Stock Market Opportunist