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Sunday, March 5, 2017

Weekly Wrap & Monthly Performance for Feb

US stocks continue its bull run, the three major indexes all closed with positive gain, SPX is on its 6th week winning streak. DJI registered close of 21000 for the first in its history.

In Asia, Shanghai SSE and Hongkong HSI retreated this week,lost 1.1% and 1.7% respectively. HSI unable to hold above 24000 level, was the worst performer this week.

STI immediate resistance is at 3167, where downside major support level at 3050.

On monthly basis, stocks continue registered positive close for February, 2nd month in a row up. Major indexes weekly performance, monthly performance and weekly charts are seen in below table.








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