Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Thursday, December 27, 2012
STI Hit 3190 Target
STI hit my 3190 target today, which I set for last week, late but its done. STI high today at 3192, closed at 3183. We are at resistance level now. STI possible take this chance to retrace down, after four weeks of gain, profit taking is expected. It seems quite true that when the pennies are getting hot every time, it indicating the bulls will over soon...
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SG Mkt
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