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Sunday, September 25, 2016

Weekly Wrap

US markets in 2nd week rebound. Technology stocks especially strong, whiel COMP index hit new high to 5305 points. SPX and DJI both are still above their key support level, uptrend well intact. Bulls are in charge.

HSI is the top performer this year with 8.1% YTD. It gained 1.5% for the week.

STI is supported by its ascending line 2800 but under pressure for 2882 YEC level. Clear direction if break either side.

Weekly index performance table as below:

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