Long STI

STI opportunities are coming. Long.
But always remember: it is BEARISH Market.

Be remember：Market is downtrend

Be remember market is downtrend，all the price rise is short term rebound. W%R10 upward cross 20 is a sell signal. both short term and longterm should get out.
Monday evening my talk：W%R and RSI.

Trading opportunity

Trading strategies:

When to trading?

1, 30mins before market closing. It is easy to predict next day price. Because price will follow last day behaviour. before market closing get in in case price gap up（or jump down if short sell）can catch the best profitable opportunity.

2, 30mins after market opening. first 30mins determine the winner of buyer and seller battle. From first 30mins market behaviour can predict that day's possible high,low and close price.

Trading decision making should around above time period

-- Danny Huang Duanfei

STI morning star

STI last three candles pattern is Morning star. can try in.
Price target: at least fill up previous gap.
Stop loss: 2720

STI no power to push up, Run Away!!

STI no power to push up, Run away!!

Candle more and more smaller from last friday, can't high than previous high volume candle. Today opening higher but fail down in 30mins, will be a Bearish cover bullish pattern, coming days would get down.

STI rebound

STI drop down sharply with 3 gaps. From RSI can see it is oversold. Last trading day jump up with a small bullish candle, combine with previous two candle is a failed morning star pattern. If next trading day price higher than friday small candle closing price can get in; Should stop lost if price break down this candle low point.

Consider your risk.

STI last gap up

STI move up with 3 gaps from 18th July. it is oversold, short term buyers exhaust. last jump up candle is bola pattern, gap up with no volume, dangerous.