Capitaland is rising fast to the supply zone as highlighted in the 5 minute chart. Short term wise, I told my guy to look to lock in profits soon first and then decide from there later for a re entry point. The market is rising bullishly today due to some FOMC meeting tonight on rising interest rate which could be the reason why the market has been bullish for the past 2 weeks. It's a good news for the market but I would look to short and lock in profits instead. The sellers might be coming out soon as the STI had some profit taking earlier this morning.
Ronald K - Market Psychologist - A Stock Market Opportunist
