Trader's Daily | ||||||||||||||
30 Dec 16 | ||||||||||||||
Singapore Market | ||||||||||||||
Trading Environment: | ||||||||||||||
Bearish Sideway | ||||||||||||||
Trading Strategy Preference: | ||||||||||||||
Short Trades near high of sideway range perferred. | ||||||||||||||
Mean Reversion (Swing Trading) strategies preferred. | ||||||||||||||
Conservative Target Price / Tight Stop Lost preferred. | ||||||||||||||
Technical Observations | ||||||||||||||
Overall market: | ||||||||||||||
Sideway market with negative momentum. | ||||||||||||||
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 Sideway | |||||||||||||
(Slope of Short MA) | (Slope of Long MA) | |||||||||||||
*MA denotes Daily Moving Average | ||||||||||||||
Watchlists | ||||||||||||||
The watchlists below are only potential cadidates, discretion and disclaimer applies. | ||||||||||||||
Long List | Short List | |||||||||||||
WILMAR INT | ACCORDIA GOLF | |||||||||||||
AVI TECH ELEC | ||||||||||||||
COMFORTDELGRO | ||||||||||||||
CWT | ||||||||||||||
DECLOUT | ||||||||||||||
FEDERAL INT | ||||||||||||||
SINGAPORE REINSU | ||||||||||||||
SOILBUILD CONSTR | ||||||||||||||
UPP | ||||||||||||||
WONG FONG IND | ||||||||||||||
Buy Up List | Sell Down List | |||||||||||||
ACROMEC | No securities to report. | |||||||||||||
CHINA EVERBRIGHT | ||||||||||||||
CNMC GOLDMINE | ||||||||||||||
KRISENERGY | ||||||||||||||
NOBLE GROUP | ||||||||||||||
SINOSTAR PEC | ||||||||||||||
WEIYE HOLDINGS | ||||||||||||||
Report Objective | ||||||||||||||
The purpose of this report is to provide traders with a sysmatic analysis of the market to prepare for the next trading day. | ||||||||||||||
Market Breadth and Market Trend are applied to determine the Market Environment. | ||||||||||||||
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.
Thursday 29 December 2016
Daily Report for 30 Dec 16
Daily Report for 30 Dec 16
Trader's Daily | ||||||||||||||
30 Dec 16 | ||||||||||||||
Singapore Market | ||||||||||||||
Trading Environment: | ||||||||||||||
Bearish Sideway | ||||||||||||||
Trading Strategy Preference: | ||||||||||||||
Short Trades near high of sideway range perferred. | ||||||||||||||
Mean Reversion (Swing Trading) strategies preferred. | ||||||||||||||
Conservative Target Price / Tight Stop Lost preferred. | ||||||||||||||
Technical Observations | ||||||||||||||
Overall market: | ||||||||||||||
Sideway market with negative momentum. | ||||||||||||||
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 Sideway | |||||||||||||
(Slope of Short MA) | (Slope of Long MA) | |||||||||||||
*MA denotes Daily Moving Average | ||||||||||||||
Watchlists | ||||||||||||||
The watchlists below are only potential cadidates, discretion and disclaimer applies. | ||||||||||||||
Long List | Short List | |||||||||||||
WILMAR INT | ACCORDIA GOLF | |||||||||||||
AVI TECH ELEC | ||||||||||||||
COMFORTDELGRO | ||||||||||||||
CWT | ||||||||||||||
DECLOUT | ||||||||||||||
FEDERAL INT | ||||||||||||||
SINGAPORE REINSU | ||||||||||||||
SOILBUILD CONSTR | ||||||||||||||
UPP | ||||||||||||||
WONG FONG IND | ||||||||||||||
Buy Up List | Sell Down List | |||||||||||||
ACROMEC | No securities to report. | |||||||||||||
CHINA EVERBRIGHT | ||||||||||||||
CNMC GOLDMINE | ||||||||||||||
KRISENERGY | ||||||||||||||
NOBLE GROUP | ||||||||||||||
SINOSTAR PEC | ||||||||||||||
WEIYE HOLDINGS | ||||||||||||||
Report Objective | ||||||||||||||
The purpose of this report is to provide traders with a sysmatic analysis of the market to prepare for the next trading day. | ||||||||||||||
Market Breadth and Market Trend are applied to determine the Market Environment. | ||||||||||||||
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