Market is moving sideways at the moment. It seemed like something big is about to happened and it could impact big time in the SG market. The STI had a gap up 3 days back and started to punctured a little. Today, after analyzing the Top 30 Volume, I saw many stocks simmered off while some are recovering a little like SIA. Were there mix signals or more sellers? I am watching the development of this trading range closely because anything can happen as the range signals power stored inside which could up heave or down crash the market again. Scanning the stocks now, most of it were selling ahead with the exceptions of a few only. I am as usual cautious and stay sideline now together with the general market.
Ronald K - Market Psychologist - A Stock Market Opportunist
