The market is extremely volatile as the Dow sold down -750 points at one time before taking a small short recovery. The Singapore market gap down today and I believe we are witnessing a bear market in the making. However this bear market is super tricky and volatile that it's hard to make a right prediction on a day to day basis. I am just pleased the outlook I provided yesterday was correct where there were more sellers than buyers which caused the market to sell down.
http://stockmarketmindgames.blogspot.sg/2018/04/ocbc-shorted-and-locked-profits.html
During this tough market, it's wise to stay out and not touch anything until the dust has settled and the direction is clearer for taking a good trade. The Top Volume stocks were mostly selling and tanking while nothing really looks bullish at the moment. Stay out.
Ronald K - Market Psychologist - A Stock Market Opportunist
