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Friday 25 November 2016

Daily Report for 28 Nov 16

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Trader's Daily
29 Nov 16
Singapore Market
Bearish
Overall Market  
Overall market direction is: Bearish
Trading strategy preference: SHORT trades preferred. If LONG, hedged with SHORT position
Commentary
Market Breath
Market breadth is Bearish, as more stocks shows bearish momentum
The slope of market breadth suggest
Market Trend
The market trend is Sideway as 144MA slope did not confirm crossover.
Mid term trend is Bearish Long term trend is Bullish
(Slope of 55DMA) (Slope of 144DMA)
Trading Strategy and Watchlist - Filtered
Long Cadidates Short Candidates Buy Up List Sell Down List
CAPITALAND RETAIL CHINA BROADWAY INDUSTRIAL  ACROMEC
HOUR GLASS CHEW'S GROUP MM2 ASIA
IREIT GLOBAL UNT CHINA EVERBRIGHT WATER
ISOTEAM COSCO CORP SINGAPORE
KEPPEL DYNA MAC HOLDINGS
NORDIC GROUP EZION HOLDINGS
SECOND CHANCE PROPERTIES INDOFOOD AGRI RESOURCES
TAN CHONG INTL MEWAH INTERNATIONAL
YANGZIJIANG SHIPBLDG
Report Objective
The purpose of this report is to provide traders/investors a sysmatic analysis of the market at the end of each trading day.
Market Breadth and Market Trend are applied to determine the Market Direction. More will be in future on how the formula are determined.
The four watchlist at the bottom of the report are trading cadidates. More will be in future on how the candidates are selected.

Tuesday 22 November 2016

Daily Report for 23 Nov 16

Market Direction is Bearish and trading preference is Short. If long, hedge with short  position.

Market is trading on sideway trend with bearish bias.

 

Monday 21 November 2016

Daily Report for 22 Nov 16

Market Direction is Bearish and trading preference is Short. If long, hedge with short  position.

Market is trading on sideway trend with bearish bias.




Saturday 19 November 2016

Daily Report for 21 Nov 16

Market Direction is Bearish and trading preference is Short. If long, hedge with short  position.

Market is trading on sideway trend with bearish bias.

 

Thursday 17 November 2016

Daily Report for 18 Nov 16

Market Direction is Bearish and trading preference is Short. If long, hedge with short  position.

Market is trading on sideway trend with bearish bias.

 

Wednesday 16 November 2016

Daily Report for 17 Nov 16

Market Direction is Bearish and trading preference is Short. If long, hedge with short  position.

Market is trading on sideway trend with bearish bias. However, we continue to observe the market breadth for any bullish turn as market breadth narrows.

 

Tuesday 15 November 2016

Daily Report for 16 Nov 16

Market Direction is Bearish and trading preference is Short. If long, hedge with short  position.

Market is trading on sideway trend with bearish bias. However, we continue to observe the market breadth for any bullish turn.

 

 

Monday 14 November 2016

Daily Report 15 Nov 16

Market Direction is Bearish and trading preference is Short. If long, hedge with short  position.

Market is trading on sideway trend with bearish bias.

 

Saturday 12 November 2016

Daily Report 14 Nov 16

Market Direction is Bearish and trading preference is Short. If long, to hedge with short  position.

Market is trading on sideway trend with bearish bias.

 

 

Friday 11 November 2016

Daily Report 11 Nov 16 (1st Report)

Market Direction is Bearish and trading preference is Short. If long, to hedge with short  position.

Market Breadth is Bearish as more stocks shows bearish momentum. Market Trend is Sideway as long term slope did not confirm crossover.