STI in its 4th week sideway consolidation, more upside if it can break above YEC 2882 level, whereas downside support is the ascending channel line.
HSI is on bullish tone with immediate resistance level at 23600, SSE immediate support at 3050.
Sunday, August 28, 2016
Weekly Wrap
US markets retreated this week, SPX lost 0.7% this week after previous two weeks stall. DJI lost 0.8% after five weeks sideway, breakdown. However, the three major indexes uptrend are well intact.
STI in its 4th week sideway consolidation, more upside if it can break above YEC 2882 level, whereas downside support is the ascending channel line.
HSI is on bullish tone with immediate resistance level at 23600, SSE immediate support at 3050.
STI in its 4th week sideway consolidation, more upside if it can break above YEC 2882 level, whereas downside support is the ascending channel line.
HSI is on bullish tone with immediate resistance level at 23600, SSE immediate support at 3050.
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