Market Outlook
Currently, the STI is still in a long term downtrend and is very bearish now. Its first selling wave was started on 27 October 2015. And the current second selling wave started on 6 November 2015.
This week would be a very fantastic one for shorting and I expect to receive my early Christmas present again this year from Santa Clause (the market).
I would short Genting when market opens on Monday as it had announced an atrocious set of result last Thursday. The company is bleeding and the stock is dying.
Just short it to enjoy the fast ride down!
Stop sell or sell only using CFD @ 0.77
Stop loss @ 0.85
