DIYQuant System Singapore Market Analysis for Next Week 19th - 23rd Feb 2018 [Cautious]

STI made a modest gain of 1.96% this week fueled by the rebound in the US market. However, this week, the system has been scaling down. It has unloaded 3 stocks from the portfolio including the last 2 stocks that I shared freely back in 2017: T24 for a profit of +17.81% and AXB for a profit of +23.91%.

Currently the system's portfolio has 4 stocks remaining.

To learn the list of stocks that the system buy and sell, please subscribe to DIYQuant Trading Journal.

For this week, the percentage of uptrending stocks has dropped from 50% to 49%. Though STI seems to have rebounded slightly,  there is a decrease in the number of uptrend stocks. This means there is still some downward pressure on the Singapore market as a whole. System will remain cautious for the time being.


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