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Author: Collin Seow   |   Latest post: Mon, 24 Jul 2017, 12:01 AM

 

Market Update 13th July: OCBC Strong Relative To STI

Author:   |    Publish date:   |  >> Read article in Blog website


OCBC strong

 

Things are rather quiet on the local markets.

Even though the US indices saw a strong move yesterday, it is generally still trapped in a range.

So keep these in mind before you get all bullish on the global markets.

This is not a market to get aggressive in your trading with, so take smaller trades, or just stay out till things become clearer.

This is also the perfect time to learn more about trading, you aren’t missing any opportunities while picking up a new skill.

Take this opportunity to learn more.

 

STI

Be patient, we could be stuck in this environment for a while.

Don’t try to extend the profits too far as well.

STI is still going nowhere

STI is still going nowhere

 

OCBC

Still going strong, currently it’s displaying the most strength of the 3 Singapore banks.

Slow long trade, but it has given us a solid 16% profit since our entry in January.

Another sign of strength, is that it continues pushing higher even though the STI has stagnated.

OCBC strong and heading higher

OCBC strong and heading higher

 

Wing Tai

Wing Tai be patient and follow system.

Watch the $1.95 level.

Wing Tai be patient and follow system

Wing Tai be patient and follow system

 

ComfortDelGro

We’re short at an average of about $2.26

Price bounced off the $2.20

Be patient and follow system.

Be patient and follow system

Be patient and follow system

 

Capitaland

Be patient and follow system.

Capitaland be patient and follow system

Capitaland be patient and follow system

 

Wilmar

Around $3.22 is where buyers may come in.

Be patient and follow system.

Wilmar be patient and follow system

Wilmar be patient and follow system

 

There is a rhythm to the markets, how can you get in tune with it?

Click Here To Find Out

 

The post Market Update 13th July: OCBC Strong Relative To STI appeared first on The Systematic Trader | Trading Courses | Collin Seow.

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