SGX - Gap Down -7%

SGX gap down over -7% this morning where there was a bad news released where they have a dispute over the India futures. It was this gap down that presented some buying opportunities and hence went long 11 lots at 7.26 where SGX started to rebound all the way to 7.38 before simmered a little now. Click below to read the bad news.

https://www.theedgesingapore.com/singapore-exchange-seeks-defuse-tensions-over-national-stock-exchange-india-futures-dispute

The Top Volume stocks are pretty sluggish except SGX had a big gap down and the rest of the stocks weren't moving much. The banks moved in a choppy fashion and today seemed to be a day of accumulation.



Ronald K - Market Psychologist - A Stock Market Opportunist