Wednesday, June 19, 2013

STI - Trended Lower!



This morning I made a post on STI having reactions. 1 min after market opened, I made my conclusion that today is not a good day to long stocks as I am expecting reactions to occur. While most people make their analysis a few minutes or hours after market opened, I think it's best to know what will happen to the market during early trading hours so as to have an trading edge against all odds.

http://stockmarketmindgames.blogspot.sg/2013/06/sti-no-long.html

STI had a bull trap and a fake breakout identified which caused a huge drop as of now!! Once again, FAKE BREAKOUTS!

Ronald K - Market Psychologist - The Big Speculator