Good weekend to all! There has been very interesting movements in the markets and it is time to do a review. I will be looking at STI, HSI and DJIA. On the weekly chart, the DJIA has out performed the other 2 asian bourses, with the 20MA below the current price. HSI and STI are [...]

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The US markets did not confirm the reversal candle yesterday so I was quite intrigued by it and decided to do a fibonacci projection on where things are. So we observed a resistance turn support at 7210. Next resistance will be stronger at 7435. Stochastics are oversold (although it can remain so for a very [...]

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