Monday, November 19, 2018

Singapore Straits Times Index - A Forward Prediction Before Sell Down








I assessed the market at 8:58am in the morning and posit my market outlook in my private forum. I highlighted that the market would be tough today and inclined more towards the selling side. As of now 9:36am, almost 40 minutes had past, the market indeed suffered selling down as per my market outlook. From the chart, I saw hidden sellers and distribution and hence the selling formed. Most blue chips tumbled down while some small caps moved just a tiny bit or stagnant. Tough market for now.

Ronald K - Market Psychologist - A Stock Market Opportunist