I've been practising intra-day trading for past couple of days as I mentioned in few post back( click HERE). Market is still trending downside, all my long positions are short term, one to two days only.
Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Wednesday, March 2, 2011
STI, HSI, SSE Facing Resistance Level
STI climbed up sharply 57.09 points yesterday, and many who bought and didn't exit may be trapped today as market is poised for a pull back today. All three major indices STI, HSI and SSE are at their resistance level.
I've been practising intra-day trading for past couple of days as I mentioned in few post back( click HERE). Market is still trending downside, all my long positions are short term, one to two days only.
I've been practising intra-day trading for past couple of days as I mentioned in few post back( click HERE). Market is still trending downside, all my long positions are short term, one to two days only.
Labels:
HSI,
Index,
Investment Idea,
SG Mkt
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