Dow Jones shows a clear breakout to upside on Friday close. It finally had a move out from its large congested area over past two months time, give us a rather strong "bottom".
Monday, October 24, 2011
Market is Set for Upside Move
Good morning everyone, hope you all had a nice weekend. Coming to this week, we have lots of "hopes" for the market to move up.
Dow Jones shows a clear breakout to upside on Friday close. It finally had a move out from its large congested area over past two months time, give us a rather strong "bottom".
Local benchmark STI was stuck in the range" 2700-2715" area--an inside-bar of Thursday candlestick. Furtherer upside shall be seen if it can break above 2715 resistance.
Dow Jones shows a clear breakout to upside on Friday close. It finally had a move out from its large congested area over past two months time, give us a rather strong "bottom".
Labels:
Investment Idea,
SG Mkt
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment