The Dow Jones Index (DJI) gained 211 points last night, the biggest gain in one month to closed at 12887. So far, US major indices DJI and SPX uptrend is well intact.
Our local index has gone up a wonderful uptrend as well. STI managed to stay above 3000 yesterday to closed at 3004 points. Friday indicator levels:
61.8%: 3006
50%: 3000
38.2%: 2994
It's tight range this week as STI has been trading in the sideway manner over the past four days.
Friday, July 27, 2012
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