🚀 Riding SGX Momentum: My JLFW Position Is Up 17%

📈 Letting the Trend Run

I’m currently holding $SGX 5xLongSG280516(JLFW.SG) , an SGX DLC, with around 17% paper gain. Instead of taking profit immediately, I’m looking to use this leverage opportunity to ride the short-term uptrend in the underlying $SGX(S68.SG) .

My thesis is straightforward: SGX’s fundamentals remain strong, while its technical setup continues to support further upside.

🔥 Strong Fundamentals Behind the Rally

SGX delivered a record FY2026, with net revenue up 14% and adjusted net profit up 25%. Securities daily average traded value also jumped nearly 35%.

The momentum has continued into FY2027, with July securities turnover rising 37% YoY to S$46.2 billion. This suggests stronger trading activity could continue supporting SGX’s earnings and share price.

🚀 Why I’m Bullish on a New High

Technically, I’m watching SGX closely as it continues to trend higher. If momentum holds, I believe the stock could challenge and potentially break into new highs soon.

A breakout could further attract momentum buyers, creating another leg higher. Combined with strong trading volumes and improving business momentum, I see a compelling short-term setup.

⚡ Why JLFW?

JLFW gives me leveraged exposure to my bullish SGX view. If SGX breaks higher as expected, JLFW could potentially deliver a significantly larger percentage gain.

But leverage cuts both ways, so this remains a tactical momentum trade, not a position I would hold blindly through a trend reversal.

For now, I’m letting my 17% gain run and watching for the next breakout. If SGX makes a new high, I believe JLFW could have another strong leg higher. 🚀