Dow got a big tumble last night as it lost 213 point to closed at 12715.93--its major trendline and horizontal support level. I'm expecting Dow could get a bounce from here, after its retracement for five days in a row.
S&P 500
S&P 500 dropped to its uptrend line support last night, closed at 1358.59. It's major horizontal support is at 1344.
Hang Seng Index
HSI dropped 215 points today to closed at 20140.67, it tested its major support 20,000, low of today is 20035.
Straits Times Index
STI dropped 36 points to closed at 2946.44 today. Just above its minor support 2945 and the next major support is 2900. Big picture uptrend is intact but short term wise, the momentum is bearish.
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