Monday, April 24, 2017

Singapore Straits Times Index - Gaping Up

Market will gap up at 9:00am. However I would not look to long on this gap up but rather look to lock in profits. Many retailers will look to long on this gap up but I will stay sideline and study the situation first but definitely not long first thing in the morning.

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Update: 9:07am, 24/4/2017

Market gap up but then based on my morning outlook earlier, indeed there was profit taking going on now!

Ronald K - Market Psychologist - A Stock Market Opportunist