want to know where the market is heading? : CollinSeow.com – Singapore Remisier Stocks Blog on Singapore Stock Market

want to know where the market is heading?

Posted by Collin Seow on Thursday, August 27, 2009 · 2 Comments | 164 views |

Leaders lead the market. China stock market is a leader .They have move up more than any market in Asia.

We can see from here that after 2 buy signal in mid Mar , the CSI system has a sell signal on 13/08/09. Currently it is still a stay out signal.

Technical speaking, the 100MA (yellow ) is not providing the support. Looking at the magnitude of the fall, they maybe a short rally before testing the 200MA (red).

For STI , I will remain cautious as the leaders has already show weakness.

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Filed under STI, Technical Analysis · Tagged with chart, CSI, STI, STI, stock market, Technical Analysis

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Shanghai Composite Index » Collinseow.com says:

September 3, 2009 at 8:34 am

[...] want to know where the market is heading? [...]
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September 29, 2009 at 10:14 am

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