Weekly Wrap

For the week, the DJI and SPX hit new all time high but ended back within its sideway range, both formed spinning top candlestick which is a bit bearish. COMP in range trading as well. The three major indexes are still in uptrending.

In Asia, HSI had a big rebound with 3.9% up, hit its three-week high. SSE are hovering around bottom 2000 mark.
STI +10.46 to closed at 3262.59. The index had a big swing for the week: hit 3-week low and high, and closed at 3-week high. It's expected the index could move up further.

STI daily chart: