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Sunday, July 27, 2014

Weekly Wrap

Major indexes weekly performance as below.  The three Asian indexes are outperform the three US indexes, clearly. Shanghai rose the most with 3.3% gain, following by HSi  3.2% and STI 1.2%. SSE hit its three month high, HSI hit more than three years high, and STI hit its 14-month high. Their weekly candles look bullish with more upside expected.

In the US, DJI dropped the most for the week, with 0.8% loss.

STI weekly chart: 
 HSI weekly chart:

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