For the
week ended Apr 21, US stocks look still in good shape-sideway consolidation in
uptrend. Asia major three indices in my table below look much weaker, HSI and
STI look losing steam in bull run, Shanghai index was sold off hard this week
to its major uptrend line.
STI immediate short term
support is at 3112 level, and upside resistance is at 3167 level. Major support
at 3050 if it continues retrace in coming week.
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