SGX Warriors WatchBlogs

Singapore market news for 16th May 2012

SGX Warriors
Publish date: Wed, 16 May 2012, 02:25 PM
SGX Warriors
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How and What to Trade Singapore Shares with Exact Entries Setup...
Previously we mentioned that sentiment is neutral with more biased on the downside. Asia's stock markets tumble hard after Greece fails to form a unity government, raising euro jitters. This adds on to bearish sentiment. Resistance established at 2870. A few bearish stocks are on our watchlist, mainly Golden Agri, Biosensor and SembCorp. Sentiment --> Bearish
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