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Wednesday, October 31, 2012

Month End Window Dressing?

The US market will reopen its normal trading operation after two days of shut down due to Hurricane storm--its longest weather related shutdown in more than a century.

Market is looking forward the market trading as it's a last day of the month. All funds and institution investors will need to "sort" their positions for the month.

STI closed above 3035 level at 3038. Below are some of the bullish set-ups:

Semmar: hammer candlestick
Hyflux
PlifeReit
Hi-P

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