Today price action is bearish, for next few day may have a slight pullback. STI gap up but now is near to yesterday low
Singapore Market Updates
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1.62 up 1.89% hurray 
posted on http://www.collinseow.com/sti-straits-times-index/comfort-delgro-break-long-term/
Today I have a buy signal on mapletree logistic on CSI , there was a previous post in Mar 2010.
1.62 up 1.89% hurray posted on http://www.collinseow.com/sti-straits-times-index/comfort-delgro-break-long-term/
Today I have a buy signal on mapletree logistic on CSI , there was a previous post in Mar 2010.
STI 1 Comment »
This down trend line started early since 07 ( not in chart) This is a very significant downtrendline.
This down trend line started early since 07 ( not in chart) This is a very significant downtrendline.
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CSI trade on F&N first buy signal at 4.88 , now 5.78 up 18% since first signal.
CSI trade on F&N first buy signal at 4.88 , now 5.78 up 18% since first signal.
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Hi , Take a look at this . You can get a E-course on technical analysis.
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Hi , Take a look at this . You can get a E-course on technical analysis.
Click Here:>> http://bit.ly/aFQQUA
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Watch for Yangzijiang ,if it break out . Flag pattern. Watch also for the volume when it increase.
Watch for Yangzijiang ,if it break out . Flag pattern. Watch also for the volume when it increase.
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STI have retrace more than 61% , my view is still uptrend longer term.We may able 3030 in the next 6 month BUT short term, we are very over bought to the support level at 2890.I may buy some on dips.
STI have retrace more than 61% , my view is still uptrend longer term.We may able 3030 in the next 6 month BUT short term, we are very over bought to the support level at 2890.I may buy some on dips.
STI 2 Comments »
Today is my birthday so going to celebrate later. may not have time to post.
STI meeting short term resistance 2930 support 2880, so maybe I will take some profits first.
Today is my birthday so going to celebrate later. may not have time to post.
STI meeting short term resistance 2930 support 2880, so maybe I will take some profits first.
STI No Comments »
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Now only you have many FREE research reports, we will also give a technical view on the charts.
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Now only you have many FREE research reports, we will also give a technical view on the charts.
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Took some profit on SIA Engineering , went in at 3.93 out 4.00.
Took some profit on SIA Engineering , went in at 3.93 out 4.00.
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Posted on 5th July, 2 day ago..
Today 7th July, later up 2.5% . very good gain for index. Technical analysis really does help in making buying and selling decision.
Looking at SIA engineering and Stamfordtyres.
Posted on 5th July, 2 day ago..
Today 7th July, later up 2.5% . very good gain for index. Technical analysis really does help in making buying and selling decision.
Looking at SIA engineering and Stamfordtyres.
STI 1 Comment »
As I was going thru my charts today , I saw that SHANGHAI Composite Index is showing a Bullish Divergence
Taken from http://web.streetauthority.com/terms/macdhistogram.asp
MACD can be made even more useful by incorporating a related indicator — the MACD histogram. Thomas Aspray described the histogram in 1986. Like MACD, it oscillates around a zero line. But while MACD is an indicator based on moving averages, the histogram is an indicator of an indicator — the MACD itself.
What the histogram shows in graphic form is the difference between the main MACD line (the 12-26 line) and the nine-period trigger line. This difference is then plotted on a scale to form a histogram, defined as a series of vertical lines. The higher the lines “grow” above the histogram’s zero line, the stronger the price momentum and the more bullish the trend. The further the lines decline below the zero line, the stronger the negative the trend and the more downside pressure there is. When the MACD indicator itself issues a buy or sell signal, then the histogram is always at its own zero line.
Although you can derive the same information by eyeballing the underlying MACD indicator, the histogram does the job for you, allowing you to spend your full energy on technical analysis.
There are two important ways to use the histogram to generate trading signals. First, the histogram tells you when momentum is beginning to wane. Since a key principle of technical analysis is that momentum precedes price, the histogram gives the technician an early warning that prices may be about to reverse course.
As I was going thru my charts today , I saw that SHANGHAI Composite Index is showing a Bullish Divergence
Taken from http://web.streetauthority.com/terms/macdhistogram.asp
MACD can be made even more useful by incorporating a related indicator — the MACD histogram. Thomas Aspray described the histogram in 1986. Like MACD, it oscillates around a zero line. But while MACD is an indicator based on moving averages, the histogram is an indicator of an indicator — the MACD itself.
What the histogram shows in graphic form is the difference between the main MACD line (the 12-26 line) and the nine-period trigger line. This difference is then plotted on a scale to form a histogram, defined as a series of vertical lines. The higher the lines “grow” above the histogram’s zero line, the stronger the price momentum and the more bullish the trend. The further the lines decline below the zero line, the stronger the negative the trend and the more downside pressure there is. When the MACD indicator itself issues a buy or sell signal, then the histogram is always at its own zero line.
Although you can derive the same information by eyeballing the underlying MACD indicator, the histogram does the job for you, allowing you to spend your full energy on technical analysis.
There are two important ways to use the histogram to generate trading signals. First, the histogram tells you when momentum is beginning to wane. Since a key principle of technical analysis is that momentum precedes price, the histogram gives the technician an early warning that prices may be about to reverse course.
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