Sunday 22 September 2013

MARKET SENTIMENT - 23 SEPTEMBER 2013

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US Market Sentiment 

Short Term     -  Bullish

Long Term      -  Bullish

S&P 500 rebounded 1.3% last week. S&P had made it HIGH again.1725.23.

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SG Market Sentiment - Bullish (since 19/09/13)

My market sentiment for SG has changed to Bullish on Thursday. But STI is approaching its resistance. Something to watch out.

STI rebounded +3.8 % last week. 

Support level 2950 ~ 3000

Resistance level 3300~3350 & 3400~3450

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Disclaimer applied.

Sunday 15 September 2013

MARKET SENTIMENT - 16 SEPTEMBER 2013

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US Market Sentiment 

Short Term     -  Bullish

Long Term      -  Bullish

S&P 500 rebounded 2% last week.
Highlight for this month will be German Election on  22 Sept 2013.

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SG Market Sentiment - Bearish

STI rebounded +2.4 % last week. 

Support level 2950 ~ 3000

Resistance level 3300~3350 & 3400~3450

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For the month of September, S&P 500 have rebounded +3.4% and STI rebounded +3%.

Just 3 weeks ago, a lot of my friends were asking about:

Will Syria cause a stock market crash, I replied "NO". 

Big Boys will make use of this NEWS to create fear in the market and causes panic selling. And they will buy them back cheap from the market. 

So which one are you? 
1) You sold because you are scared or 
2) You bought because you see this as an opportunity or 
3) You don't know what to do

"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful" - Warren Buffett

Disclaimer applied.

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Sunday 8 September 2013

MARKET SENTIMENT - 09 SEPTEMBER 2013

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US Market Sentiment 

Short Term     -  Bullish

Long Term      -  Bullish

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SG Market Sentiment - Bearish

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Monday 2 September 2013