Good morning everyone.
There are some good news from the EUR, with Dow futures up by 95 points now( 8.45am). A quick go through the broad market before market open:
STI mode: DOWNTREND, my target is still 2400 if STI can't break above 2700 resistance level.
but with a pretty long enough tail on STI weekly chart, I try not to be too bearish. The benchmark level I'm watching at is 2700.
STI Daily chart:
STI weekly Chart:
will update you again. Trade with care.
Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Monday, October 10, 2011
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