| Trader's Daily | ||||||||||||||
| 6 Apr 17 | ||||||||||||||
| Singapore Market | ||||||||||||||
| Trading Environment: | ||||||||||||||
| Soft Bull | ||||||||||||||
| Trading Strategy Preference: | ||||||||||||||
| Long Trades preferred but stay alert for signs of reversal. | ||||||||||||||
| Mean Reversion (Swing Trading) strategies preferred. | ||||||||||||||
| Conservative Target Price / Tight Stop Lost preferred. | ||||||||||||||
| Technical Observations | ||||||||||||||
| Overall market: | ||||||||||||||
| Bullish but cautious as only selective stocks are showing bullish trend. | ||||||||||||||
| Market Breath: | ||||||||||||||
| Market breadth is Bearish, as more stocks shows bearish momentum | ||||||||||||||
| The Market breadth slope suggest | Bull is gaining strength | |||||||||||||
| Market Trend: | ||||||||||||||
| Sideway as Long MA slope did not confirm crossover. | ||||||||||||||
| Mid term trend is Bullish | Long term trend is Bullish | |||||||||||||
| (Slope of Short MA) | (Slope of Long MA) | |||||||||||||
| *MA denotes Daily Moving Average | ||||||||||||||
| Watchlists | ||||||||||||||
| The watchlists are only potential cadidates, discretion and disclaimer applies. | ||||||||||||||
| For Swing Trading (LONG) | For Swing Trading (SHORT) | |||||||||||||
| MICRO MECHANICS HOLDINGS ORD | FIRST SPONSOR GROUP ORD | |||||||||||||
| SATS ORD | ||||||||||||||
| WILMAR INTERNATIONAL ORD | ||||||||||||||
| For Trend Trading (LONG) | For Trend Trading (SHORT) | |||||||||||||
| ALLIANCE MINERAL ASSETS ORD | MIDAS HLDGS ORD | |||||||||||||
| BLACKGOLD NATURAL RESOURCES ORD | SECURA ORD | |||||||||||||
| CHINA EVERBRIGHT WATER ORD | ||||||||||||||
| HANWELL HOLDINGS ORD | ||||||||||||||
| HI P INTERNATIONAL ORD | ||||||||||||||
| HOCK LIAN SENG HOLDINGS ORD | ||||||||||||||
| JACKSPEED ORD | ||||||||||||||
| MM2 ASIA ORD | ||||||||||||||
| SMARTFLEX HOLDINGS ORD | ||||||||||||||
| VALUETRONICS HOLDINGS ORD | ||||||||||||||
| VARD HOLDINGS ORD | ||||||||||||||
| Report Objective | ||||||||||||||
| To provide traders with a sysmatic analysis of the market for the next trading day. | ||||||||||||||
| Market Breadth and Market Trend are applied to determine the Market Environment. | ||||||||||||||
