Weekly Wrap

It's a shortened week for Singapore as we are celebrating SG50 long holiday.

For the week, SSE rebounded 4.9% close at 3928.42, formed a bullish reversal candlestick on weekly chart.

STI closed just above major support level 3190-3167, poised for a rebounce in coming week.

The DJI and SPX is at trading range bottom, may get a bounce here. The major indexes have been trading in the range for long time.

HSI formed a small weekly doji at its ascending trend line. Poised for a bounce in coming week.