This Stock Market Hours Report is brought to you by Jason Ng, Founder, Master ‘O’ Equity

The rebound begun at last! The Star Trading System has prepared us for this a few days ago with HPQ and it looks good to ride this rebound. Its scan result gives us a long list of Morning Star signals as shown below. All Star Traders should know what to do next & choose only the signals that meet the criteria. That is the GO or NO GO decision that all Star Traders should stick to.

Thought For The Day : “Discipline and Patience are the hallmark of every successful trader.”

This Stock Market Hours Report is brought to you by Jason Ng, Founder, Master ‘O’ Equity

The Dow stumbled another 83.56 points the whole of last week when the majority of us think that a rebound should have occurred. Such is the nature of the market. Looking at the weekly chart, we see that the Dow is now extremely close to the weekly 30MA line and also at the edge of a short term support level. This week will be critical… if the Dow breaks down decisively on strong volume this week, it could be the beginning of the end… be cautious.

The Star Trading System seriously stood on the sidelines today amidst the uncertain market with only 1 signal.

Thought For The Day : “Every Morning Marks A Brand New Beginning”