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. |
Disclaimer: The views expressed are my own and at no time constitute as financial advisory. No information in this blog should be considered as business, financial or legal advice. Each reader should consult his or her own professional advice. Permission is required from writer to re-produce any contents from this blog on other media platforms.
Friday 25 November 2016
Daily Report for 28 Nov 16
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.
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