Index Weekly Wrap for the Week of Sep 21

US stocks DJI index hit fresh new high, joining SPX and Nasdaq which already getting higher and higher. The fear index VIX dropped to 11.68, shows traders no fear at all for next 30days.

Asia stocks rebounded up significantly as well. SSE soared up 4.35 this week, bottom rebounding and hit 6-wk new high, HSI rebounded to its 3-wk high as well and back up above its major uptrend line.

Singapore STI index rebounded back to 3-wk new high, above its major resistance 3167-3200 level which is a bullish sign. Major indexes weekly performance and weekly charts are as follow.