Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.
Tuesday, September 16, 2014
Loss of Velocity
STI had its biggest sell-off today, with 39.85 points or 1.2% decline-- not seen since beginning of this year( its biggest loss so far this year was on 3/1/14 with 1.4% down). Broke its 10-week low today, close at 3272.62. Immediate support is at 3260-3234 which it hit on 1 Jul.
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SG Mkt
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