Monday, October 12, 2009

STI/Hang Seng


Resistance / Support : 2700 - 2600
Trend : Sideways and bearish
Weekly MACD bearish crossover approaching. Short term rally could be testing 2700 again.  Volume declining suspect the recent rally may not be subtainable.


Resistance/ Support : 21960 - 19940
Trend : Uptrend but beaish
Weeky MACD bearish crossover Less than STI. MACD Bearis divergence and momenum dropping.

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