SgTraderClub Weekly Stocks Updates: Happy CNY, Mr. Market

Tuesday, February 1, 2011

Happy CNY, Mr. Market

Yesterday's really a sea of red, Mr. market took early "Ang Pao" already, hope today it will give us back. LOL.

STI hit its support and closed at 3179.72, exactly what I predicted in my previous post, which 3180 is identified as major support level to watch. Given US market rebounded last night, I expected STI set up for a rebounce today.

HSI too hit support as what I predict.

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