First hour trading shows a pretty clear picture for SG futures market. Here is the summary. At this point of time, I would only looking at Short opportunity.
| Intraday Trend | MSCI Taiwan Index Futures | MSCI Singapore Index Futures |
| Longer term |
Down
|
Down
|
| Medium term |
Down
|
Down
|
| Short term |
Down
|
Down
|
| Recent High |
261.1
|
278.8
|
| Recent Low |
256.4
|
276.8
|
| Trading direction |
Short
|
Short
|
SIMSCI only serves as a reference for the time being. I am not trading SIMSCI for the time being until I see improvement of volume and volatility.
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