Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.

Monday, April 16, 2012

Weekly Pivot

Following US market's drop, STI opened down this morning but the low of 2970 is holding for now, it's trading at 2975 -12 points as at 9.32am.

The selling is under control, stocks such as Kepcorp, Hkland, Genting sp, First Resources are still holding well.

STI weekly pivot point for this week:
R3: 3074
R2: 3040
R1: 3014
PP: 2980
S1: 2954
S2: 2920
S3: 2894

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