Thursday 5 April 2018

Is it the Right Time to Buy? or to Sell?

Dear Investors, Traders and Clients

There is a chance that the Trade Tariffs imposed by US Government against China may erupt into a Trade War. China is likely to retaliate further.
Will other countries have the guts to join in and result in a Global Trade War?
We will have to watch and see what happens as the events unfold.

The Global Markets have came down as a result of the Risk of the Trade War and have entered into a Short Term Oversold Position.
The Million Dollar Question is whether is this a Temporary Sell Off or will it decline further.
Hence I have identified the Potential Next Support Level for the STI is around 3200 Level, if the Situation above gets Worse.

Please click on the Image below, to see an Enlarged Version of the STI Chart.




Wednesday 4 April 2018

Complimentary SGX Enhanced Market Depth Access




Did you know the Straits Times Index (STI) rose to its highest level in over 10 years in January this year? To help you to capitalise on opportunities in the Singapore market, we are offering complimentary SGX Enhanced Market Depth Access from 2 April to 29 June 2018.

SGX Market Depth, also known as Level 2 Market Data displays the number of Buy orders and Sell orders of each price level of a particular listed security (e.g. stocks or ETFs), up to 20 levels of pending orders on both Buy and Sell side. In simple terms, it shows the different price levels which buyers are willing to buy and sellers willing to sell at any given time.
SGX Market Depth is in real time and the orders shown changes constantly from pre-open session to market close. SGX Market Depth information allows you to enhance trading decisions by checking stock liquidity, optimising buy / sell orders, and establishing price support / resistance.
For a limited time only, you will get complimentary SGX Market Depth Access on all POEMS suite of trading platforms i.e. POEMS 2.0, POEMS Mobile 2.0 and POEMS Mercury. SGX Enhanced Market Depth is available only on POEMS 2.0 and POEMS Mercury. No subscription required!
Not sure how to use SGX Market Depth? Here is a guide to help you: