MARKET COMMENTARY
[Apologize for not making any update yesterday as there is personal matters to attend to which lasted till evening.]
Monday’s market lifted higher due to the plunge of the crude oil price and other commodities. However, it had given back most of the gain toward the closing, resulted in many charts displaying “shooting star” candlestick [...]

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Monday’s market is a non-event. This is a very normal phenomenon after a breakout. In fact, this is the kind of setups that I expect to see after a strong rally or a crash. Exactly why they happened this way is not clear. I can only speculate that it was due to profit taking. Anyway, [...]

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