NikkoAM SGD IGBond ETF - 15 Jan 2021

NikkoAM SGD IGBond ETF chart shows a downtrend after the Yield curve rise.  The yield curse rises is an indication of inflationary pressure that interest rate may rise in the near future.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.