A word of caution: market never run up a straight line, we are on the "top" of the trend now, so stay cautiously and be nimble instead invest heavily.
Today's Friday Indicator very tight.
61.8%: 3021
50%: 3015
38.2%: 3009
Friday, July 20, 2012
Friday Indicator
STI hit new 11 months high yesterday, it's a kind of strong nice uptrend move, with every day's high become next day's pull-back support level. We are going to have a strong bullish weekly candle if it closed positive today.
A word of caution: market never run up a straight line, we are on the "top" of the trend now, so stay cautiously and be nimble instead invest heavily.
Today's Friday Indicator very tight.
61.8%: 3021
50%: 3015
38.2%: 3009
A word of caution: market never run up a straight line, we are on the "top" of the trend now, so stay cautiously and be nimble instead invest heavily.
Today's Friday Indicator very tight.
61.8%: 3021
50%: 3015
38.2%: 3009
Labels:
Friday Indicator,
SG Mkt
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2 comments:
is it better to stay sideline now if i don't have any holdings at present time? i'm clueless ..
-Butter
it depends on which stock you buy when comes to execution. there are always some stocks go up and some stocks go down regardless STI direction. so to say that, STI is rather as refernce only.
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