US market continue slip, with the "fear factor" VIX shoot up to as high as 27.23--its highest since Feb 2010, in two weeks time.

The greece and other few EU countries debt crisis seem not that easy to be ending soon. SPX the next support is 1150, RSI and Stochastic is downwarding approaching to oversold level, look still bearish with no sign of immediate turn up yet at this moment.



As for STI, it jumped down over its congested area straightaway yesterday, to its 100dma level. I'm thinking is it going to fill the 2820-2792 gap? Anyway, the indicators are in oversold region now indicator oversold technically.



It's not the end of world, or the situation become very bad, I'm still eyeing for upside opportunities. Counters such as YZJ hit its support and rebounded pretty well yesterday. I'm lookin at these kinda of stocks which at their major support for a rebounce.