As we near the end of January, we have yet another festive season to look forward to, Lunar New Year!

But first let’s take a look at the month which just passed.

Global markets have experienced a rally, which the STI is clearly taking part in as well.

This up move in global markets in January once again provides testament to the seasonal tendency called the January Effect, also known as the more mystical-sounding Capricorn Effect.

If you haven’t heard of it, or don’t know exactly what it is, just take a read on this Wiki link or this Investopedia link here.

Great information on both sites.

If you’d like to know exactly how to position yourself in the markets at any time,

Click here to find out more.

STI

Taking a bit of a breather now.

Uptrend still, so don’t pick tops.

Be patient and follow system.

STI taking a breather

Wing Tai

Beginning to move.

We got our 2nd valid signal a few days ago.

Bit of a slow moving counter so be patient.

Follow system.

Wing Tai be patient and follow system

UOL

Still waiting for trigger, be patient.

UOL still waiting for trigger

Venture

2nd position triggered in.

Be patient and follow system.

Venture 2nd signal triggered, be patient

YZJ

We got our 2nd signal on YZJ, triggered a few days ago.

So be patient and follow system.

YZJ 2nd signal too, be patient

Citydev

Pulling back a little bit now, still looks good.

Be patient and follow system.

Citydev still looks good, be patient

Want to know how to handle the turns in the markets?

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Good trading folks!

The post 27th January STI Market Update: Capricorn Effect? appeared first on The Systematic Trader | Trading Courses | Collin Seow.