The market is moving higher and the STI is slowly approaching the 3427 level as posted on Saturday.
http://stockmarketmindgames.blogspot.sg/2017/10/singapore-straits-times-index-3427-level.html
The top volume consist of some new counters and some old faces where stocks like Oxley just kept moving higher while stocks like Rowsley remained lackluster of strength. At this juncture, the although the market sets to break new higher, in the very short term, I am still wary of sellers coming out and the road to 3427 could prove to be a pain, slow and tricky one. I am mixed on individual stocks but bullish on certain sectors and the way to trade now is to bank in on the right sectors. Will share more tomorrow during my talk.
Ronald K - Market Psychologist - A Stock Market Opportunist
