Studying and looking at the way how the STI and DBS moved, tonight it looked like the Fed is likely to cut interest rates which is bad for the banks. As highlighted earlier on my blog that the Fed interest rate cut can affect the market, most blue chips indeed came down further after my morning post. DBS and UOB suffered the most with 1.2% down. The rest were just hanging and not much activity going on in the Top 30 Volume after 4 hours of trading!
https://stockmarketmindgames.blogspot.com/2019/09/ron-k-what-key-signals-to-watch-out-for.html
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Ronald K - Market Psychologist - A Stock Market Opportunist
