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Tuesday, March 9, 2010

The Gappy STI

Last night US market:

Dow:10553 -14
SPX:1138.5 -0.2
Nasdaq 2232 +6

The US market closed flat, after six days rally. As for STI, it's gappy time. it left a huge rising window(blue tinted color) after yesterday's jump up, and it right into the prior falling window( red tinted color) as resistance. Market is bullish, but I suspect how far it could climb higher. er...I won't chasing those stocks already shoot up very high, and focusing on those stocks at their support level.

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