As highlighted on my blog yesterday that DBS was breaking down, today the stock gap up and broke down further with so much more sellers selling.
http://stockmarketmindgames.blogspot.com/2018/07/dbs-breaking-down.html
Not only that, OCBC and UOB started to tank further too with so much selling even when the Dow Jones closed strong last evening. The profit taking and the distribution were very obvious in the 5 minute chart while there was a sharp pronounced sell down in the 5 minute chart which indicated strong selling. The Top Volume were mixture of some blue chips and penny stocks but the banks cannot be denied that it was selling in the Top Volume. Market looks bleak now and tough days ahead.
Ronald K - Market Psychologist - A Stock Market Opportunist
