MARKET STATUS REPORT
Trend:
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls are also not sleeping. On the other hand, we cannot say that the bulls are very happy but they do not want to change their positions yet. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are stronger and more money is flowing out of the market. You also have to know that the bears are not very comfortable and they are closely watching the market for a timely entry.
The chart above shows how SHNG.PS displayed a rally after the BUY signal which was issued on 30/04/2024. Since then, the gain in this stock stretched to a whopping 9%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Bought on
24/05/2024
 
ABA.PS
 
Last Signal
BUY
2101
Buy Level
1.0200
Bought at
1.0300
Close
1.0400
Gain%
0.97
Bought on
24/05/2024
 
EMI.PS
 
Last Signal
BUY
2101
Buy Level
18.20
Bought at
18.40
Close
18.64
Gain%
1.30
Sold on
24/05/2024
 
IDC.PS
 
Last Signal
SELL
2206
Sell Level
0.8250
Sold at
0.8000
Close
0.8000
 
 
Sold on
24/05/2024
 
SHNG.PS
 
Last Signal
SELL
3201
Sell Level
4.0500
Sold at
4.0200
Close
4.0000
Gain%
-0.50
Sold on
23/05/2024
 
ANS.PS
 
Last Signal
STAY IN CASH
2109
Buy Level
12.30
Sold at
12.23
Close
12.18
Gain%
-0.41
Bought on
23/05/2024
 
FGEN.PS
 
Last Signal
STAY LONG
2208
Sell Level
18.26
Bought at
18.26
Close
18.26
 
 
Bought on
23/05/2024
 
SM.PS
 
Last Signal
STAY LONG
0
 
Bought at
874.12
Close
896.00
Gain%
2.50
Sold on
22/05/2024
 
DD.PS
 
Last Signal
STAY IN CASH
0
 
Sold at
11.08
Close
10.38
Gain%
-6.32
Bought on
22/05/2024
 
ION.PS
 
Ionics
 
Last Signal
STAY LONG
2201
Sell Level
0.9300
Bought at
0.9500
Close
0.9200
Loss%
-3.16
Sold on
22/05/2024
 
RFM.PS
 
Last Signal
STAY IN CASH
0
 
Sold at
3.8300
Close
3.8200
Gain%
-0.26
Bought on
21/05/2024
 
AEV.PS
 
Last Signal
STAY LONG
0
 
Bought at
37.72
Close
37.70
Loss%
-0.05
Sold on
21/05/2024
 
BEL.PS
 
Belle
 
Last Signal
STAY IN CASH
0
 
Sold at
2.6200
Close
2.4700
Gain%
-5.73
Sold on
21/05/2024
 
STI.PS
 
Last Signal
STAY SHORT
2103
Buy Level
0.9400
Sold at
0.9500
Close
0.9300
Gain%
-2.11
Bought on
21/05/2024
 
UBP.PS
 
Last Signal
STAY LONG
3215
Sell Level
35.40
Bought at
34.08
Close
35.70
Gain%
4.75
Sold on
20/05/2024
 
Last Signal
STAY IN CASH
2106
Buy Level
6.9500
Sold at
7.0700
Close
6.9800
Gain%
-1.27
Bought on
17/05/2024
 
CNPF.PS
 
Last Signal
STAY LONG
1201
Sell Level
35.52
Bought at
33.80
Close
36.05
Gain%
6.66
Bought on
17/05/2024
 
RCI.PS
 
Last Signal
STAY LONG
0
 
Bought at
3.0850
Close
4.0000
Gain%
29.66
Bought on
16/05/2024
 
Last Signal
STAY LONG
2206
Sell Level
10.17
Bought at
10.04
Close
10.80
Gain%
7.57
Sold on
16/05/2024
 
PNB.PS
 
Last Signal
STAY IN CASH
2101
Buy Level
23.35
Sold at
23.42
Close
23.15
Gain%
-1.15
Sold on
10/05/2024
 
FLI.PS
 
Last Signal
STAY IN CASH
2102
Buy Level
0.6800
Sold at
0.6900
Close
0.6800
Gain%
-1.45
Sold on
10/05/2024
 
ICT.PS
 
Last Signal
STAY IN CASH
60000
Buy Level
359.00
Sold at
346.73
Close
353.00
Loss%
1.81
Bought on
09/05/2024
 
ALI.PS
 
Last Signal
SELL
2201
Sell Level
29.00
Bought at
27.85
Close
28.85
Gain%
3.59
Sold on
06/05/2024
 
HOME.PS
 
Last Signal
STAY IN CASH
2101
Buy Level
0.9000
Sold at
0.9600
Close
0.9000
Gain%
-6.25
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