I believe the market will gap up later at 9:00am. The STI chart looks semi bullish and poised to have a green morning. The sellers were a little tired while the buyers looked to take control later. The market had been quite tough for good trading but still there presents some other opportunities for scalping/short term trading. I had many emails requesting me to do a talk and hence I decided to do a free talk on June 12. Interested parties can register below.
Ronald K - Market Psychologist - A Stock Market Opportunist