Weekly/Monthly Wrap

Feb just ended, I have tabulated major indexes Feb performance below, the US three indexes are positive and Asian three indexes i.e HSI, SSE and STI are negative. A quite a clear picture that investors are still like to invest in the state.

For the week, Friday is first day of Mar, SSE and HSI actually rebounded alot but not for STI, it's the only index in red...

Below is the foret picture for STI, it has been resisted by 100% @ 3307 level for the past four weeks, my immediate support is 3260, next support level would be 3200 if 3260 broken down.