Market Still Under Bulls Control

The US Dollar looks pretty weak and doesn't look will gain any strength in near future.

As a result, when the dollar is down, S&P 500 will go up. The SPX is just getting higher and higher with no any signs of immediate reversal.

As for Straits Times Index, it hit a new high since May 2008 last week and retraced on Thursayday and Friday, on short term profit taking.  In Overall, the uptrend is in good shape. Any retracement will provide us re-entry opportunities. In short term, STI is in retracement(correection), wait for the correction done for long opportunities. Short term support level is 3130.