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

Thursday, July 29, 2010

NOL 29/07/2010

NOL finally broke out today. It maybe headed for the yellow channel.
Click here to see previous charts.

IndoAgri - 29/07/2010

Indoagri hit support and resumed.
Previous charts for Indoagri are here.

Cosco 29/07/2010

Cosco. Approaching resistance.

DJ & S&P 500 29/07/2010

DJ & S&P 500 still trading in uptrend channels. Both hit the mini channel support. If the yellow mini channel support is broken, might see the test of brown uptrend channel.
Previous charts are here.


S&P 500

Wednesday, July 28, 2010

Ezra 27/07/2010

Ezra. Just sharing what the long term wolf wave says.
Realistic or not I dont know. Only time will tell. Have to take market sentiments into consideration too.

Tuesday, July 27, 2010

Ezra 27/07/2010

Ezra. Trading in channels.

IndoAgri - 27/07/2010

IndoAgri hit the channel resistance. I think it has more upside after a small pullback.
Previous charts for Indoagri are here.

Monday, July 26, 2010

STI 26/07/2010 - update

Possibilities to expect tomorrow on STI intraday.
Break below the neckline might see 2950-2940.

Midas - 26/07/2010


Midas hit channel resistance and retrace. Still in uptrend channel though.

Sunday, July 25, 2010

SSE - 25/07/2010 - update

Previous chart of SSE is here.
SSE leads the charge. With high volume breakout.

STI 23/07/2010

STI broke out of the broadening formation.

S&P 500 - 23/07/2010 - update

S&P 500 daily. Break out of channel and diamond formation.

DJ & S&P 500 23/07/2010

DJ & S&P 500 trading in uptrend channels. Both broke out of the symmetrical triangles.


S&P 500

Wednesday, July 21, 2010

STI 21/07/2010

STI Intraday.

Previous post is here. STI hit the diamond pattern target today as mentioned previously. Now trading in the down channel. Broadening formation still valid.

DJ & S&P 500 20/07/2010

DJ & S&P 500 hit the triangle breakdown targets and pulled back. Today they broke out of the down channels.


S&P 500

Tuesday, July 20, 2010

S&P 500 - 20/07/2010 - update

This is the S&P 500 daily chart. After the death cross, the market rallied strongly towards the 50ma and pulled back. This 50ma and 200ma will continue to act as resistance. S&P and DJ has turned bearish creating lower lows and lower highs.

SSE - 20/07/2010 - update

SSE breakout off the down channel today.

BUND 20/07/2010

Bund trading in channels. It gives support and resistance.

STI 20/07/2010 - update

STI Intraday.

STI broke the diamond formation downside today. About 20-25 points from here, could give 2925.

STI 20/07/2010 - update

STI Intraday.

STI forming a Diamond top. This is a rare pattern. Break out is near but which way will it breakout remains to be seen.
Whichever side it breaks out we should see atleast a 20-25 point move.
Also the broadening formation still providing resistance as mentioned yesterday.

Monday, July 19, 2010

SMSCI - 19/07/2010

SMSCI breaking down.

STI 19/07/2010 - update

STI Intraday.

Broadening formation. Now at resistance. If break 2957 might see 2970-2980. It should hold 2930 to avoid downside.

Saturday, July 17, 2010