Market Comments (STI) for the Week of 9 Sep 12

STI_daily_9Sep

Consolidation continues for STI and it will be testing resistance of 3,065 – 3,080. From the CCI, it seems that there are up side potential and from the pattern of consolidation, the breaking up of the trading range is likely, unless war breaks out.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s