Singapore Straits Times Index - Gap Down

As per my outlook yesterday that the market would encounter sellers, today, the market just gap down heavily after the Dow Jones crashed -400 points. In fact, when I posted my outlook yesterday, I saw some hidden selling from the sellers where they were putting out shorts on last Friday. Many retailers were chasing higher prices while the BBs were locking in profits and started to activate their shorts. The market tanked today, nothing as of now looks good and it's a market we would need to wait for opportunities if you are looking on the long side.

I will be conducting a free class on how to perform adroit prediction on the market next coming Tuesday. Interested parties can register below. You will see for yourself how to select stocks and how to use the right tools to trade stocks with small capital. It's the last event for the year as the year is ending. Interested can register below.



Ronald K - Market Psychologist - A Stock Market Opportunist