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Dead Cat Bounce
Is it a temporary recover after a substantial fail? As we saw t a sharp recover towards the end of the last week.
Straits Times Index Scan
Straits Times Index has start to re-bounce and start to pull back again; can this be a Dead Cat Bounce pattern.
Will see.
River
River is made of High and Low of a Moving Average such as 34 period. River is a great visual aid for trading. To learn more above River, please more from Raghee Horner’s books.
You can find the STI has failed to breakout from River and continue to be below River. It is very bearish. The safe zone to sell again is when index pull back to River.
August 31, 2015 Straits Times Index
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Moses
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