U.S stocks dropped this week, and the rest of world followed. Nasdaq(COMP) close negative for the first time after four weeks consecutive up, whereas the S&P 500(SPX) and Dow Jones(DJI) declined for 2nd week. All three indexes are in nice uptrending, no signs of immediate trend change despite of Mr Trump's recent presidency turmoil.
STI down first week after three consecutive week up, immediate support level to watch is 3190, upside resistance 3275 level.
HSI has been trending up well, Shanghai(SSE) is the weakest among the six major indexes, the only index had negative YTD return.
Weekly performance table and weekly charts are as follow:
For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.
The Secret Recipe: Trading Success = Winning Trading System - U
The Secret Recipe: Trading Success = Winning Trading System - U
Saturday, May 20, 2017
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