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Friday, July 9, 2010

Straits Time Index

Market is obviously to the upside, yesterday was terrific for me. I closed my short term positions with good profit. Well, my trades mostly are short term.

Market is upbeat, STI has been rebounding nicely since late May( it hit bottom then)overall I'm bullish for STI by now. but look at it in short term,I see STI is facing a immediate resistance at 2899 now, if it retraced, the support level to watch out is 2850~2873 area.

2010Jul-Straits Times-800x600

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