Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Thursday, November 1, 2012
Friday Indicator, STI Poised for Rebounce
STI dropped 11 points to closed at 3026 today. It formed a doji candlestick at support level. Positive signal for a rebounce.
Friday Indicator levels:
61.8%: 3041
50%: 3037
38.2%: 3032
The above range is very tight as STI this week in sideway action so far. Weekly PP @3049 and S1 @3035.
Friday Indicator levels:
61.8%: 3041
50%: 3037
38.2%: 3032
The above range is very tight as STI this week in sideway action so far. Weekly PP @3049 and S1 @3035.
Labels:
Friday Indicator,
Index,
SG Mkt
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