For last week, Volatility going to strike the market. It is during such period whereby one reflects whether the right foundation (for our investment) has been laid, making the difference between something that lasts and something temporary. Building our lives on the right foundation is hard work. Building for retirement nest is hard work.
As mentioned in last week Fast Forward (http://askivor.wordpress.com/) , while it was noted our local benchmark index, STI had a high probability of weekly sentiment changing from Bull to Bear (i.e. weekly RSI break below 40), there was also another possibility weekly RSI divergence forming (i.e Hidden Bullish RSI). As shown on the weekly chart, at this conjecture, both of them have occurred. While it is possible for the weekly RSI to move towards the previous low of 32.997 from current level of 35.3795, and STI moving into 3046 - 3120, ...
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