Hi all,
17th & 18th Seminars are fully booked.
I will arrange for 2 seminars in October.
My Views
STI Outlook
Resistance 2: 2,999
Resistance 1: 2,932
Support 1: 2,799
From my previous interview with 938FM,
I mentioned that I looked forward to a small rebound or a period of consolidation.
A rebound occurred between 24th – 28th August, accordingly to my Market Outlook for that week.
STI is currently trading sideways, undergoing a period of consolidation.
Going forward,
- It will be great if STI continues a period of consolidation between Resistance 1 and Support 1. It is usually followed by a great movement in either direction (long or short). Traders Be Prepared.
For investors, the lackluster ping-pong situation in STI is a good period for picking up more undervalued defensive stocks.
For existing clients,
I am preparing an automated screener for REITs / Trusts.
Intermediate – Expert seminar for Creating Passive Income is progressing well.
Stay tuned.