STI, Hang Seng and Dow update

Posted On 9:38 AM by Ng Leong Yee |

24 Jan 2010

STI


Hang Seng


DOW



DOW's huge declined on Friday scared off many investors and traders, will it spill over to the Asia market in the coming Monday?

If you take a closer look at the candlestick in STI and Hang Seng, there is a massive buy back which formed a early signal of recovery that rebounds off from it's classical support. There were also many stocks which exhibited either bullish signals or bullish reversal signals.

Nobody can tell what is going to happen tomorrow.
When knife falls, we will not catch it.
Wait for a clear confirmation signal to enter and win the battle.

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