×Disclaimer: This blog is not associated with Phillip Securities Pte Ltd or any other entity in the Phillip Group of Companies (collectively, the "Group"). Any views, opinions, references or other statements or facts provided in this blog are personal views of Robin Ho and are not supported, sanctioned or endorsed in any way by the Group. This chart is provided to you for information only and is not intended to or nor will it create/induce the creation of any binding legal relations. It does not constitute an investment advice, 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 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 may wish to seek advice from an independent financial adviser before making a commitment to purchase or invest in the investment product(s) mentioned herein. In the event that you choose not to do so, you should consider whether the investment product(s) mentioned herein are suitable for you. The information and/or materials are provided "as is" without warranty of any kind, either express or implied. In particular, no warranty regarding accuracy or fitness for a purpose is given in connection with such information and materials.
Thursday, April 20, 2017


A month ago this blog has warned that Dow could have peaked at 21150. On 5 Apr, this blog warned that if the crucial support at 20515 is cracked, there is a risk that Dow could fall 400 points to 20100. Yesterday, it tested its 3 months low at 20410. It could stage a minor rebound from here, but as long as it stays below 20515, there is a good chance 20100 will be tested.

All posts and charts are for educational and illustration purposes only

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