Wednesday, May 30, 2018

Singapore Straits Times Index - Heavy Selling

Heavy selling and huge amount of sellers spotted in the STI when it opened earlier. There were some short covering but still the sellers were persistent. As highlighted in my last night's post that the market would experience selling first, it is now currently happening LIVE. The gap down was with high volume of selling and there were some buy ups but not strong.

Pleased to see some good shorts on blue chips like SIA on Monday. Most stocks dropped today and congrats on your shorts and locking in profits!

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Ronald K - Market Psychologist - A Stock Market Opportunist