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Feb

Technical Analysis – 3rd Feb 2009

Posted by CharlesMing  Published in Technical Analysis

Couple trades done today and I’m revising some targets as seen -
The STI has had terrible volume today which is absolutely nothing to shout about at all.  Initially I called for a upside target of 1850. I am revising it downwads towards 1780 which is 38.2% support turn resistance.  1650 remains crucial support at 61.8% [...]

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3

Feb

Intraday analysis

Posted by CharlesMing  Published in Technical Analysis

Good morning folks.
Watch out for the reversal candles on the US markets. Personally, my projection for it is to possibly rebound, into Friday. Is it bull? No. Tech rebound, at most. I could be wrong the reversal candle may fail indeed.
How bout the local markets? I concur with Jay on what we could be setting [...]

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