Recently we have witness a fair amount of volatility caused by the trade tariff issue between US and China.
Just when Xi Jinping manages to quell the flames, Russia steps into the picture.
Russia vowed to shoot down any missiles fired at Syria, which prompted the usual head on response from Trump, declaring that missiles would indeed be coming to Syria.
Volatile times in the market, be safe.
If you’d like to find out more about how to navigate uncertain markets,
Did a good bounce off 3340, as mentioned, we’re in a range here for now.
No long trigger, gapped down and then the candles turned red.
So we don’t want to long this anymore.
Finally get our first valid signal, and ti triggers today at $1.80
We need to be aware that this type of chart is typically not so ideal, because price doesn’t swing very smoothly.
However the big picture looks alright with some downside potential.
No more long signals and candles turned red instead.
So we’ll have to put this aside for the moment.
It will be interesting if it turns up again from here.
Looks like it’s trying to move higher off this base.
Will be better if we can see it clear $2.18
Recent news of Grab buying over Uber could be a catalyst for something to happen in ComfortDelGro.
Looking at this for a swing short with the swing trading strategy.
It’s in a clear downtrend.
Looking for price to break below previous day candle’s low.
So tomorrow, the trigger is $1.20
Find out how to position yourself for uncertain markets,
Good trading folks!