Friday, April 20, 2018

Singapore Straits Times Index - Morning Up/Down Swings

The market is full of opportunities today. It gap down first in the morning and then slowly recovered with speed. A lot of blue chips started to recover from the gap down and ran. Keppel Corp, Sembmarine, Yzj Shipping, DBS, OCBC all recovered from the bottom when the market suddenly turned bullish and reversed. Some of my students went short while others went long.

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And then more students did some intraday scalping on OCBC where they shorted near peak and covered their shorts within minutes. The market then tanked down again in a fast speed. So from -30 points from the morning it recovered to -2 point and it's now -22 points again. See how volatile it is and how much opportunities are there!

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Ronald K - Market Psychologist - A Stock Market Opportunist