Market action 27Aug2021 (Fri)

SG -> risk-off. HK -> risk-off. CN -> risk-on

Stock index Daily change 21EMA* 50EMA* 200EMA*
HongKong Hang Seng Index -0.03% -2.08% -4.97% -7.31%
Singapore Straits Times Index -0.92% -1.49% -1.80% 1.30%
China CSI 300 Index 0.53% -1.56% -3.15% -3.15%
Australia ASX200 -0.04% -0.03% 1.07% 6.85%
Japan Nikkei 225 -0.36% -0.21% -1.31% 0.39%

Singapore market slipped into risk-off mode. Action of STI is bearish this week.

Action for Singapore market (risk-off)
- Get the stops ready and sell remaining stocks in portfolio on weakness.

No change in risk-off status in HK market.
Action for HK market (risk-off):
- Stop looking actively for buying opportunites.

No change in risk-on status in China market.
Action for China market (risk-on):
- Start looking actively for buying opportunites. Buy when price target reached.


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