After last week sell down, market is attempting a rebound. During this phrase, market tend to be very choppy. We can see strong resistance level around 3016 - 3066. Currently, there is no sign that shows selling is done. We might expect more selling to come. Market reclaim back 3000 mark but more evidences is needed to affirm whether this point is either a resistance or support. Sentiment --> Neutral (biased towards bearish) Thumb rule : Set your stop loss firm.

STI managed to reclaim 3000 points. Asian market rally after strong finish from overnight Dow. We believe that market will be choppy from here on, so swing trading might not be ideal. However, for individuals that are interested to buy and hold for a few months, there are a few stocks that we feel that it might worth the shot. STX OSV --> Stock gapped down because of the high payout in dividend. Stock now trading around $1.60. There are chances that stock can break through $1.675 and further. Singtel --> High weightage as an STI component. Stock is not performing with relative to the rally. However, if stock is able to break through $3.40, we can see a potential run. Since this is a defensive stock, individual can consider to include this in their portfolio, collecting dividend. Sentiment --> Neutral, inclined to bullish.

Market finished off with small losses. Overall, market is bullish. Most blue chips are consolidating while second tier stocks are moving up. For medium term investors, it could be a good opportunity to enter positions but for short term investors, choppy market persists.Support at 3000 is firm. Sentiment ---> Bullish

Market experienced another day of roller coaster trading after Wall Street extended losses. Market had been seen rallying close to 250 points since low created on 4th June at around 2700. We expect market to consolidate at this point with immediate resistance at 3000 points. Lookout for IPO on 25th July,9 am. For more details, please visit forum.

Asia markets skid as investors take their first chance to react to weaker-than-expected U.S. jobs data, raising fresh doubt about global economy. We expect choppy market ahead as investors are still uncertainty about the degree of seriousness. What we can conclude for now is that support is seen at 2700 temporarily. Short covering might take place from here onwards. We advised investors to stay on the sideline for the time being. Weak stock for reference is SembCorp. Share could not break over 4.95. A breakdown from 4.67 will signify a further pullback. Sentiment ---> neutral (more biased on the downside)

Selling has finally come to a stop after Singapore index had made 8 consecutive days of lows. We do expect a brief support at 2750 for the time being. Please do expect market to remain choppy for now so it is advisable to stay sideline for the time being to determine the direction of the market. Currently, it is more bearish but still more evidence is needed before we can concluded that the selling spree is over. Sentiment --> Bearish

Previously we mentioned that sentiment is neutral with more biased on the downside. Asia’s stock markets tumble hard after Greece fails to form a unity government, raising euro jitters. This adds on to bearish sentiment. Resistance established at 2870. A few bearish stocks are on our watchlist, mainly Golden Agri, Biosensor and SembCorp. Sentiment --> Bearish