Straits Times Index
Hang Seng Index
Nikkei 225 Index
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Saturday, May 22, 2010

STI 22/05/2010

STI broke the rising broadening formation. Possible mid term target might be 2430 which is also the 38.2% fibo retracement level.

Thursday, May 13, 2010

Monday, May 10, 2010

S&P 500 10/05/2010 - update

Flag formation on S&P 500.

STI 10/05/2010 - update

STI made inverted H&S on intraday chart. A break above 2840-2842, might be good to go for 2860-2870...

Wednesday, May 5, 2010

STI 04/05/2010 - update

H&S breakout on 30 mins. Clear breakdown. If the formation is valid, any upside might be limited to 2920 or so. H&S tp gives 2854.

Caveat emptor: It is possible for the pattern to fail too. Please dont trade based on this.

Saturday, May 1, 2010

STI 30/04/2010 - update

This chart is still valid. It invalidates itself if STI breaks 2931.