On the other hand, SPX too has some room to the upside until its 50dma resisatance at 1100 level.
Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Monday, July 12, 2010
US Market
Dow is heading up to its 50dma resistance, as it occurs that there are still some room for it to move up from now, should it turn down late this week? See the chart below.

On the other hand, SPX too has some room to the upside until its 50dma resisatance at 1100 level.
On the other hand, SPX too has some room to the upside until its 50dma resisatance at 1100 level.
Labels:
Index,
Trading Strategy,
US mkt
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