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Monthly Update – August

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Hi all,

I will be having an upcoming radio interview with 938FM on 21st August, at around 6.15pm,.

For those we are unable to tune in on that day, I will be uploading an audio recording of the interview. Cheers.

 

I have received requests from some folks wanting to attend my seminar. My apologies, August seminar is fully booked.

I will be arranging for another seminar in September.

 

Things to note:

– Priority is given to existing clients & their friends. Please register only when you’re able to confirm your attendance.

– Seats are limited to 15 pax per seminar to enhance learning experience.

 

My Views

STI Outlook

2015Aug-STI-800x600

 

Resistance 2: 3,250

Resistance 1: 3,201

Support Broken (31st July): 3,250

Support 1: 3,150

Support 2: 3,054

STI has broken the range, and has formed a downtrend.  Trade with caution.

There is a lot of uncertainties in the market.

My trading strategy is to look for a bullish signal to long the index, with the downtrend line as my resistance.

REITs

As mentioned in my previous update, stay tuned for the intermediate-expert seminar coming up.

It will be a step-by-step strategy for REITs and Trusts selection.

 

 

 

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