Money is too cheap to be ignored – But there is no certainty that rally continues

The current situation has drawn a lot of attention from investors. Essentially, there is an underlying expectation that the market has not bottomed, as conditions around the world have not improved. Additionally, even if countries are back to Business As Usual, it does not mean that the economy will return to normalcy immediately. Hence many investors are still apprehensive about the current state of the economy.

On the other hand, there is no stopping when it comes to mindless greed. Thus I would not recommend to stay out entirely but rather to nibble cautiously at wider entry price gaps as the rally continues

STI – Updated Weekly Chart Steady and solid green candlestick heading towards 20 Weeks MA

Evidently, the rally has not slowed down on the weekly chart. STI is still

...