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

Wednesday, March 10, 2010

Market Update

US market overnight:

Dow: 10564 +12
SPX: 1140 +2
Nasdaq: 2341 +8

US market continue trade near their resistance, but US technology relatively bulllish, Nasdaq had breakout its prior high already.

Hang Seng and STI stayed flat yesterday. Frankly speaking, I think market can go either way. The direction is unclear. It may come down to fill the rising window or sideway for few day and go up again, people are watching US market SPX and Dow closely for clearer direction.

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