It's Hitting the Roof

Hi folks, we are very much close to 3000 important psychological level now. Maybe up by another 30 points or so, not more than that. The upside is limited in short-term. On the other hand, the financials ( i.e DBS, OCBC, UOB and SGX) are still looks more bullish than bearish to me, they may move up a bit thus push STI higher( the 30points move?)



The US benchmark S&P 500(SPX) too resisting at its 50% fibonacci level last night.