I'm Brandon, a senior stockbroker at a local securities firm and also a professional trainer with Singapore Exchange (SGX) Academy. Holder of Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) with over 10 years experience in the financial industry.

This blog aims to share how private traders can forecast price and trade in line with the market and smart money by applying Wyckoff principles and simple technical analysis techniques.

Sunday, 15 October 2017

SGX


Singapore Exchange (S68)

Last week we saw various cyclic sectors rally, especially when we reported 4.6% GDP growth for 3Q17. With both broad market and financial sector showing positive momentum which statisfy the 1st two steps of the Wyckoff Method, traders is still not too late to look into the following financial stock which is showing potential sign of breaking out of its symmetrical triangle pattern (accumuation). Personal View.

Fundementally, Singapore Exchange (S68) is also showing positive o...utlook for both its deveriatives and securities business, which may see earnings growth in the coming quarter's financial reporting.

Disclaimer Applies.