Weekly Wrap

World stock market reacted negatively after Fed's interest rate hike announcement this week( except Japan Nikkei which went up higher).

STI unable to break resistance(also year-high) 2964, closed down after five consecutive week up. Key support is at 2882 if it continue retrace, and 2964 remain as key resistance level(triple top).

HSI had a big sell-off black weekly candle, lost 3.3% to just above its YEC.Key support is 21914 YEC level.

Weekly major indexes performance as in below table.