Friday, August 30, 2019

Friday, August 30, 2019

STI gap up to fill up Monday's bearish gap down and then it par gains to close at 3106.52 (+24.69).
Could this be the new breakout gap to ignite a new rally?
This is a bullish follow up from a large bullish engulfing candlestick, which ate up a group of 3 previous days indecisive candlesticks.













































































































































Source and recommended reads : 














Singapore business news

https://www.businesstimes.com.sg/stocks

https://www.straitstimes.com/business/companies-markets

https://www.theedgesingapore.com/



US Indices & stocks performance

https://www.investing.com/indices/

https://money.cnn.com/data/fear-and-greed/



DISCLAIMER:

Hey,

All information updates, tables and charts are for informational purposes only; they are not intended for trading purposes or advice.

We do not and cannot guarantee the accuracy of the information. 

Please consult your broker or financial representative to verify pricing before executing any trade. 

We are not liable for any actions taken in reliance on information contained herein. 

With best regards, 

Martin Seah





Thursday, August 29, 2019

Thursday, August 29, 2019

An oversold STI had an V-shape recovery which close the day +25.36 at 3081.83 points. The long bullish candle engulfed the 3 previous candles. This was the 4th day after STI had gap down lower. See charts attached

STI got back inside the pitchfork channel bottom and closed above the 5ema which has been tracking it lower. A bullish engulfing candle.













































Source : 

Singapore business news
https://www.businesstimes.com.sg/stocks
https://www.straitstimes.com/business/companies-markets
https://www.theedgesingapore.com/

US Indices & stocks performance
https://www.investing.com/indices/
https://money.cnn.com/data/fear-and-greed/

DISCLAIMER:
Hey,
All information updates, tables and charts are for informational purposes only; they are not intended for trading purposes or advice.
We do not and cannot guarantee the accuracy of the information. 
Please consult your broker or financial representative to verify pricing before executing any trade. 
We are not liable for any actions taken in reliance on information contained herein. 
With best regards, 
Martin Seah

 


Wednesday, August 28, 2019

Wednesday, August 28, 2019

STI opened lower than previous closing and then closer lower by -11.05 at 3056.47
































Source : 




Singapore business news

https://www.businesstimes.com.sg/stocks

https://www.straitstimes.com/business/companies-markets

https://www.theedgesingapore.com/



US Indices & stocks performance

https://www.investing.com/indices/

https://money.cnn.com/data/fear-and-greed/



DISCLAIMER:

Hey,

All information updates, tables and charts are for informational purposes only; they are not intended for trading purposes or advice.

We do not and cannot guarantee the accuracy of the information. 

Please consult your broker or financial representative to verify pricing before executing any trade. 

We are not liable for any actions taken in reliance on information contained herein. 

With best regards, 

Martin Seah

Tuesday, August 27, 2019

Tuesday, August 27, 2019

Despite DJIA rebounded more than 1%, STI was still under heavy selling pressure as BBs were selling on strength. Market breath : 219 losers Vs 169 gainers. As such, STI closed a Doji candlestick, having a gain of +2.19 points, at 3067.52



169

234,765,316

219

704,134,580



















Source : 

Singapore business news
https://www.businesstimes.com.sg/stocks
https://www.straitstimes.com/business/companies-markets
https://www.theedgesingapore.com/

US Indices & stocks performance
https://www.investing.com/indices/
https://money.cnn.com/data/fear-and-greed/

DISCLAIMER:
Hey,
All information updates, tables and charts are for informational purposes only; they are not intended for trading purposes or advice.
We do not and cannot guarantee the accuracy of the information. 
Please consult your broker or financial representative to verify pricing before executing any trade. 
We are not liable for any actions taken in reliance on information contained herein. 
With best regards, 
Martin

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