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.
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STI
Did a good bounce off 3340, as mentioned, we’re in a range here for now.
STI still in a range
UOB
No long trigger, gapped down and then the candles turned red.
So we don’t want to long this anymore.
UOB no longer on the radar for longs
Wheelock
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.
Wheelock triggers a short
Hi-P
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.
Hi-P will be interesting if we get long setups off this area later on.
ComfortDelGro
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.
ComfortDelGro looks interesting above $2.18
YZJ
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
YZJ has a swing short opportunity, watch for trigger
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Good trading folks!
