STI chart update 26/01/2012

I had posted my STI view on 08/01/2012 here. At that time, I received a lot of responses from many in disbelief. Basically, never underestimate the market. It can always surprise.

Today STI achieved the target as per the post.

Previous chart below:

STI 08/01/2012

STI trying to breakout of the falling wedge. If breakout is successful with big volume in next few days mid term target is 2905.

S&P 500 Futures 05/12/2011

S&P 500 futures has hit the target price since the last posts. Now it is showing a bearish divergence which is bearish in the short term.

Previous chart is here.

S&P 500 Futures 30/11/2011 - Update

S&P Futures updated chart.

Previous chart is here.

S&P 500 Futures 28/11/2011 - Update

S&P futures breakout as mentioned in the previous post.

Previous post is here.

S&P 500 Futures 25/11/2011

S&P Hourly has bullish divergence. In the Short term, it is trading in a falling wedge which is a bullish pattern. A breakout off the falling wedge will be bullish short term.

SGX 30/09/2011

SGX is trading in a falling wedge, similar to Citydev.

CItydev 30/09/2011

Citydev.


I had posted the chart here on 16/09/2011.

Today it hit the lower trend line and bounced. It will be interesting to see whether the support trend line holds and whether it breaks out of the falling wedge.

CItydev 16/09/2011

Falling wedge spotted on CityDev.

UOB 09/10/2010

UOB.

For a change, DBS chart looks much better than UOB chart. Trading in a descending triangle.
It also has a head and shoulders formation which is not yet confirmed.

Li Heng 06/10/2010

Li Heng.

Higher highs higher lows. Support at 21c. Resistance at 24.5c. Long term bullish.

Li Heng 24/09/2010

Li Heng. Next resistance 25c. Mid term might see 30c.

DMX 21/09/2010

DMX.

Massive breakout. Set to Pullback, but midterm there could be more upside towards the upper channel.

Li Heng 18/09/2010

Li Heng broke out of the bullish falling wedge. Might see more upside if 0.235 is cleared.

Oceanus 03/09/2010

Oceanus. Failed breakout once. Watch the pattern.

DJ & S&P 500 24/08/2010

DJ and S&P broke down from the falling wedge pattern. Also broke the Head and Shoulders pattern. There should be more downside.

DJ


S&P 500

DJ & S&P 500 22/08/2010

DJ and S&P 500 are trading in a falling wedge.

DJ


S&P 500

SAR 22/07/2010

StraitsAsia

Falling wedge. Breakout imminent.

SGX 30/06/2010

SGX tripple screen trading. Daily, Hourly and 5 mins. All trading in down trend channels.

UtdEnvirotech 16/11/2009

Nice little falling wedge. Trying to breakout with increasing volume. A close above 33 should see more upside. Just possibilities in the chart.