Straits Times Index
Hang Seng Index
Nikkei 225 Index
 
Click here to login to the chat room during market hours.
 
 

Thursday, October 22, 2009

STI 22/10/2009 - update

Yet another bullish scenario on STI.
Inverse H&S forming on daily. Right shoulder could be as low as 2663. TP gives 2910 depending on when/if it breaks out.



PS: Not an inducement to buy or sell. This is just another bullish view when there has been a lot of bearishness in the market since the last 2-3 months. I could be wrong. Risk management remains utmost important.

No comments:

Post a Comment