Lesson learn: Don't underestimate the bear

Typical market will drop faster than climbing. Typical ratio can be estimated to be 5:3. It means it takes 5 days for bull to climb but 2-3 days for it to drop to same or even lower. Dow and Europe is typical having red days everyday only STI and SSE is not following. Be cautious in these red days, all long should be kept best at intraday and adopt a hit-and-run strategy. If you are daring, take a look at DOW and STI chart below.

Head & Shoulder

Double Top