For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.

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Saturday, November 24, 2012

Weekly Wrap

For the week,
STI gained 43 points or 1.5%, closed at 2989.
HSI +755 or 3.6% closed at 21914,
SSE +12 or 0.6% at 2027;

In the US, for the week,
DJI +421 or 3.3% at 13009,
SPX +49 or 3.6% at 1409,
Nasdaq +113 or 4% at 2966.

STI is a bit lagged behind the major indexes( except SSE which has been "sick" for long time). To catch up, STI will have to first overtake its two weeks high at 3012, in coming week. Downside support at 2904(50% fib)




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