This morning, same thing as I shared with everyone in my private forum that the market looks not right and more downside to come. Indeed as of now, the market was selling down -22 points with the STI gap down at 9:00am! Many stocks could not move and started to give way to the sellers. Again spot on today for the BEFORE market prediction.
Look at the Top Volume. It's a full sea of red and everything tumbled down. Some may asked me how I know or how I did it? It's actually simple by just reading smart money movements in the chart BEFORE they made their move. Smart money had already looked to unload on Wednesday and hence any up is either short covering or distribution before more downside is materialized. Can the market sell down lower? Let's see!
Ronald K - Market Psychologist - A Stock Market Opportunist
