Wednesday, March 4, 2020

Singapore Market Update: Study the Top 30 Volume, Slumbered





Early STI slumbered as the Top 30 Volume was flushing signs of selling more than buying. As highlighted on my blog post yesterday that the market was not stable yet, today was indeed another day of selling but luckily for us, we already locked in profits for Capitaland and DBS near high and avoid yet another selling day.

http://stockmarketmindgames.blogspot.com/2020/03/dbs-longed-before-dow-jones-rebounded.html



As the market tank and while the market is trying to find a bottom, I think it's wise to stay out first or maybe be patient for the right signal to appear first before going for a long position. I know when is the market is going to bottom out and will be looking for great signals to enter my position. Happy hunting all.

Ronald K - Market Psychologist - A Stock Market Opportunist