Saturday, 24 March 2018
Defensive Stocks, REITS and Trusts Series: Funds Flow Analysis of CapitaMall Trust: 24 March 2018, Saturday, 6.30pm Singapore Time
24 March 2018, Saturday, 6.30pm Singapore Time
(Click on FFA Chart above to Expand)
Attached is the Funds Flow Analysis for CapitaMall Trust, part of the Defensive Stocks, REITS and Trusts Series which I had previously covered . It shows the X-rayed phasal cycle where smart monies turned from uncertainty to double certainty. After uncertainty in funds flow, a symmetrical triangle was set up technically to bait in technical analysis buyers on break-up, following which more nett shorts/sells/unloads/distributions were slapped on in the market. With the entire series of price flow and funds flow coupled together, it is reasonable to evaluate that $1.85 will violently break down, cheating the feelings of many, especially technical analysis people. But markets do not care for anyone's feeling. Market is always right -- rising interest rates environment are good for cyclical risk-on stocks but carcinogenic for risk-averse dividend-centric reits and trusts.