Shenzhen Int'l Holdings

Trend : Up

Formaton : Looks like a symatical triangle

Indicators :

MACD Singall above zero is bullish, Histogram  6 red  potentially turn green -entry signal

Stochastic and  RSI at over sold, potentially rebounds

Wait for confirmation to enter.

If breakout above formation, good profit target at 0.80!!!

If below below 0.56 and 200d MA, exit !!!

USD
End Nov 09 bottom has been confirmed by higher high and higher low.
GMMA shown that the short term MA representing traders sentiment is bullish with crossover the long term MA, representing the investors' sentiment. The long term MA downtrend  collapse meaning the investors have comes to ageement on Price and Value and trend is reversing. It is expecting the trending will favour uptrend going forward and supported by investors' fundamental buying.Any compression/expansion of the short term MA signal a good opportunity to BUY!!!

GOLD
Those who missed the gold rally hopping to catch when the price retace. Is it good time to enter ?
NOT YET!
The GMMA indicator shown that the collapse of the long term MA after the uptrend is indicating the investors apart from the Trader are selling and backing out. Any further downturn and expansion of th long term MA will signal very bearish sentiment.
Meantime 20d MA point down and about to cross 50d is the sell signal !
Those who plan to take opportunity should wait for GMA short term MA to crossover the long term and at lease sould the expansion of the short term MA. Buying now is at highest risk!

STI vs Hang Seng

STI
Since breakout from 2800, STI continue smooth sail upwards. GMMA shows that the trend has been firmed since Nov 09. Short term MA representing the trader sentiment retracement hardly touch the long term MA (representing the investors' sentiment). The recent short term expansion explain the rally and hence many happy traders! Also noted that the long ter M, the collapsed since Nov 1st week ahd been steadily widen, indicating fundamental support to the uptrend. This is an excellent opportunity to trade either breakout or when price deep and rebound...

Hang Seng
Surprisingly STI and Hang Seng has been decoupled for many months! The GMMA shows that the short term MA regularly harrasing the long term MA is a nervsely up. End Nov getting worst when the short term MA penetrated the long term and now the bearish crossover! Meantime, Head and Shoulder formation appeared in Dec.
Consolation is the short term MA has started to collapse and rebound. The next few days will be critical to show if the trend is reversing or rebound! Trade cautiously...

Market Oulook

STI

Trend : Up
S&R : 3000, 2812 / 2724
Observations:  Supported by 150w MA.Short term and long term MA started to expand, with gaps increasing, showing sign of strengthening !
Good to long when price deep.