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11

Nov

Technical Analysis – 11th Nov 2008

Posted by CharlesMing  Published in Technical Analysis

And there you go, the market taking cue from HSI right after lunch, moving down some 80 points. Well it didn’t move 100 points that could have happenedĀ like I mentioned earlier but what’s key is the kind of uncertainty and volatility that we have been having. 80 points down today, 100 points up tomorrow, that [...]

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11

Nov

High growth brings high risks, for nations too

Posted by CharlesMing  Published in Technical Analysis

Still nothing much to talk about for the US markets. Key support levels on the S&P held at 907 (fibonacci) and 900. Resistance at 930 was met last Friday and today it failed to go higher. The sentiment is pretty much the same here in Asia where resistance and supports hold, making this market extremely [...]

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