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Wednesday, 15 August 2012

Straits Times Index: 15 August 2012, Wednesday, 11.45pm

Straits Times Index: 15 August 2012, Wednesday, 11.45pm

Straits Times Index: 15 August 2012, Wednesday

Straits Times Index is reaching Price Satisfaction Zone at 3128 points soon. Expect unloads to come. Upside is still possible but very limited. Volume is unstable, suggesting the dead cat bounce is going to end soon. The Donovan-Ang Big Hands Probing Hypothesis is completed in August, confirming a Bear Market in its initial phase in Singapore. Based on Funds Flow Analysis, Straits Times Index is at the triggering point zone of the Bear Market Resumption.

Be careful of your longs, investments, and buys if you are holding. It pays to sideline from the market unless one is shorting. Whenever unsure, sideline from the market. Ignorant investors, traders, small fishes, and market participants still holding to unwanted babies will have to repent when the intentional sell-down comes in worldwide markets.

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