Market is selling. The Dow got slammed down and everything tumbled yet again. From the +300 points, the Dow Jones yet again erased all the gains and turned -352 points down. The Fed raised interest rate and the market couldn't buy into the bad news and started yet another sell off. The cob bar in the 5 minute chart was super bearish and today, most of the Singapore stocks cannot even have quality buyers and the sellers just took control. Everything was bearish and everything turned red. This is the most volatile period in the market I had ever witnessed in the last 10 years with so many reversals with twist and turns. Intraday trading and short term trading is the best for now or stay out until the market is clearer.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
