Both HSI and STI are under minor resistance now. As seen in the charts, HSI had a breakout from its major neckline resistance two days ago, it's possible it come back to fill the gap as indicated by tinted oval. STI needs to break above its downtrend line to move higher.
For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.
The Secret Recipe: Trading Success = Winning Trading System - U
The Secret Recipe: Trading Success = Winning Trading System - U
Wednesday, March 3, 2010
HSI and STI update
US market overnight closed with tiny gain: Dow +2; SPX +3; Nasdaq +7 points.
Both HSI and STI are under minor resistance now. As seen in the charts, HSI had a breakout from its major neckline resistance two days ago, it's possible it come back to fill the gap as indicated by tinted oval. STI needs to break above its downtrend line to move higher.

Both HSI and STI are under minor resistance now. As seen in the charts, HSI had a breakout from its major neckline resistance two days ago, it's possible it come back to fill the gap as indicated by tinted oval. STI needs to break above its downtrend line to move higher.
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