Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.

Wednesday, December 16, 2009

STI

Straits Times Index was unable to break its short term resistance 2800 in past ten days attempts, and facing selling pressure now. The immediate support and resistancelevel I'm watching are:

S= 2780
R= 2800,

The uptrend is still intact nicely for STI.

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