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Thursday, March 27, 2014

STI Hit One Month High

Message from FB "SgTraderClub"
Mar 27 Thur, stockwatch

overnight US market declined. DJI-99, SPX-13. It looks Bulls unable to breaktrough recent consolidation range and push up further.

STI added 39.15pts or 1.3% to 3143.32 yesterday. HSI+155pts. SSE flat....
The rose on STI maybe due to month end and quarter-end window dressing.

On its daily chart, STI break one month high yesterday. the candlestick looks bullish, my next target to watch is the 3169-3190 area as resistance, if it were to continue up.

Stock bullish set-up:

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