Market Sense

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CK Choy.

Market Sense 市场意识: April fool month over, coming is Sell in May and go away?
Be decisive, Be patient, Don’t be greedy, Don't be stubborn

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The information contained in is provided to you for general information/circulation only and is not intended to nor will it create/induce the creation of any binding legal relations. The information or opinions provided do not constitute investment advice, a recommendation, an offer or solicitation to subscribe for, purchase or sell the investment product(s) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. Accordingly, no warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of any person or group of persons acting on this information. Investments are subject to investment risks including possible loss of the principal amount invested. The value of the product and the income from them may fall as well as rise.

You should seek advice from a financial adviser regarding the suitability of the investment products mentioned, taking into account your specific investment objectives, financial situation or particular needs, before making a commitment to purchase the investment product. In the event that you choose not to obtain advice from a financial adviser, you should assess and consider whether the investment product is suitable for you before proceeding to invest.

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Note:
All TA (Technical Analysis) view using charts are for illustration purpose only.
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Friday, 29 April 2016

April fool month over, coming is Sell in May and go away?

by ckchoy

HSI Hang Seng index hit high on 28 Apr 2016 but started to U turn down upon following news:
Nikkei 225 Futures Plunge as BOJ Keeps Monetary Policy Unchanged

HSI is the asia leading indicator, Asia's markets including STI may follow the correction coincide with 'Sell in May and go away' effect. Investors sell shares after XD in April/May.
If 21080 can hold, it may resume its uptrend channel established since mid Feb 2016.





Posted by ckchoy77 at 11:58
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