Monday, April 24, 2017

Singapore Straits Times Index - Negative Territory













STI went negative territory with a huge profit taking and sellers commanding the market. The market might rebound from here a little in the minute chart, but I think big picture wise, it's still looks like there are a lot of sellers waiting for lock in profits. See my morning outlook on the link below.

http://stockmarketmindgames.blogspot.sg/2017/04/singapore-straits-times-index-gaping-up.html

http://stockmarketmindgames.blogspot.sg/2017/04/singapore-straits-times-index-profit.html

I am also watching OCBC as it's the only stock with a later date XD compared to DBS. OCBC is also slowly tanking down from 9.7 high earlier. Sellers are stacking.

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Ronald K - Market Psychologist - A Stock Market Opportunist