Market Sense

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CK Choy.

Market Sense 市场意识: Daniel Loh on Air 171019 - cautious in equity
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.

Any views, opinions, references or other statements or facts provided in this are personal views. No liability is accepted for any direct/indirect or any other damages of any kind arising from or in connection with your reliance on the information provided herein.

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Note:
All TA (Technical Analysis) view using charts are for illustration purpose only.
Unless otherwise specified, all charts' sources are from POEMS(Phillip Online Electronic Mart System)

Thursday, 19 October 2017

Daniel Loh on Air 171019 - cautious in equity

Summary

Cautious on US market as it runs up too high.

Crude oil
strong resistance at 55

 STI
Strong support 3200
Resistance 3350
At current situation, suggest profit taking

 Cautious on Hong Kong Market as it has run up too fast. HSI above 28000 level is considered expensive. Suggest to take profit.

 Market may near the last phase of bull market.

 Source : Radio Capital 95.8 FM
Posted by ckchoy77 at 14:49

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