Dead Cat Bounce | Straits Times Index Scan | River

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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

August 31, 2015 Straits Times Index

 

 

 

 

 

Thanks for visiting the website.

Moses

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