Monday, April 24, 2017

Singapore Straits Times Index - Profit Taking

STI selling down as of now. The Gap up today was really an opportunity for retailers to buy but for the BBs to lock in profits. See the 5 minute chart, the STI chart has profit taking followed by sellers.

I am not so bullish on this market. Either short earlier in the morning or stay sideline for now. Good news is bad news for the prices.

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Ronald K - Market Psychologist - A Stock Market Opportunist