Simsci : Increased Short SSGU0 @344.50

• Recall original trade - tentatively short single contract at 344.0; stop loss 363.0; risk SGD 3800 which was deemed too large.
• S'pore stocks cannot be immune from poor price action in US+Japan equities. Yesterday's high in Simsci = 349.6 = selling pressure evident. Tighten stop loss to just above 350.0.
• Sold additional 2 contracts SSGU0 @ 344.5. Average in price on 3 lots 344.3. Stop loss @ 351.0. If taken out, loss = appx SGD 4000 = original amount risked.
• Expecting the S&P SHS top to crystallize the anticipated weekly triple top formation in Simsci.