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(20250110) DBS - AfterThought after its 'PullBack'

It was 'relatively huge' pull back. It closed at 4500 one day before, opens the day at 4456, reached a low of 4395 before closes the day at 4413 today.
For newbies, this could be one of the shocking and confusing episodes, perhaps feeling helpless and directionless. For today, different counters were showing the similar movement patterns at different levels in a common playground. This is the dynamic nature of a stock market. It sometime over-reacts or under-reacts to external influences and reports.
Technically, look at this from different angle, this is a healthy one after series of 'stacked' run ups in the recent days (if not weeks). For today alone, it managed to cover the gap that built a few days ago. Moving forward in short term (sort-of), do expecting some knee jerk movements here and there when the market try to 'damper the surge while calibrate' itself for trend renewal. There could be windows of opportunities when it moves southwards, which are hard to miss. Else for simplicity, doing the usual dca to capture the dips is equally good for future rewards. Its high of 4544 seems a far fetch at this point, but it is not a target unreachable. 🙂
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Proficiency Group (Level): Master (5/5) Market Watcher, Chart Analyzer, Trading Consultant & Strategy Deployer
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