Stock market poised for sharp correction?

Technical indicators on the STI chart have been diverging for an extended period. Caution is warranted, especially for short-term traders.

STI rally is also largely driven by DBS, OCBC and UOB which appear to be running out of steam.
DBS Bank

Not forgetting VIX is near 5-year lows.

Advertisements
This entry was posted in FINANCE. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s