While I maintained my bullishness on the market overall, I am also growing cautious over the recent uptrend which comes with falling trading volume. If trading activities do not pick up soon, my view is that some technical correction may once again be in the horizon, albeit unlikely to be a very fierce one.
Did up a quick chart overview of the latest trend for HSI, DJIA and STI, to provide a general perspective of the latest trend.
This blog is a selections of my investment views to my client. If you find it useful or have additional information to share, please do let me know. These blogs are my personal views and is not meant to solicit any sales or investment on any securities or investment. I may have vested interest in some of the counters or investment products, hence please invest at your own risk. As usual invest in what you understand and do your own homework.
ML is a licensed stockbroker with one of Asia Leading Stock Broker firm. To contact him, please email: icewolfmike@gmail.com
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