The Dow surged hastily last evening at the last hour. I believe there were some positive speculation about the US-China trade war outcome or the market wouldn't have turned up so much. However, by studying the charts, it wasn't any easy night as the market chopped up/downs non stop as highlighted in the 5 minute chart before taking off. As for the stocks in Singapore, they were in a tight range too yesterday and luckily I took a loss in DBS or Monday I would have suffered. Well, after cutting the loss, the market tanked down again all the way to 24.15 before reversing up. It was a roller coaster and I prefer to reduce the emotion than gamble for it. Let's see what Monday holds.
Ronald K - Market Psychologist - A Stock Market Opportunist
