Venture new highs again

We covered Venture early in 2017 as well.

This year Venture is yet again on our watchlist as it makes new all-time highs.

We have some signals from the setups we’re watching, so waiting on triggers for entry.

There are no signs of weakness in the market just yet.

So we should take it that the uptrend is still in play.

A good many counters are taking to new all-time highs as well.

If you’d like to know what the market is doing now,

Click here to find out.

STI

We’re quite comfortably trading above the 3500 level.

However a pullback to test 3470 could be on the cards.

If that happens, we should continue to look for buying opportunities.

STI still going strong

Wing Tai

We finally have our first signal, waiting on the trigger.

Be patient and keep your eyes open.

Wing Tai be patient and wait for trigger

Keppel Corp

Keppel is shooting up like a rocket after rejecting from $7.10

Doesn’t seem like we’re going to get any entry signal on this leg.

Be patient and follow system.

Keppel Corp looks like it’s not coming back for us

UOL

Similar to Keppel, doesn’t look like we’ll be able to get a signal this leg.

Be patient and follow system.

UOL also looks like it will keep going!

Venture

Breaking to new highs again.

We have a valid signal which just triggered at today’s open.

Be patient and let’s see if Venture can keep going.

Venture new highs again!

YZJ

This counter is broadly on an uptrend.

We could see some reaction around $1.64 so be mindful.

But trading with the trend, we want to see price break through that level meaningfully.

We just got a new signal here as well, but it hasn’t triggered yet.

Be patient and follow system.

YZJ looks like it’s getting ready to make a move higher

If you’d like a step-by-step formula to trading,

Click here to find out more.

The post 11th Jan 2018 STI Market Update: Venture New Highs Again appeared first on The Systematic Trader | Trading Courses | Collin Seow.