Market is whipsawing and trading in a very tight range at the moment. No clear directions but the STI indeed rebounded from the gap down earlier in the morning. The Top Volume is mostly trading verry swiftly and the movements were very fast like in split seconds. I don't think I have ever seen such powerful yet volatile movements before but it's happening right in my eyes now. My student took a risky trade in ocbc and he finished the trade in like 24 minutes due to the whipsaw. I would rather stay vigilant and do nothing now.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
