Saturday 13 April 2013

Is Market Exhuasted?

The 2 charts tells a different story.  DJI is powering ahead with such bullish sentiment that it would leave one wondering why STI is not following suit.  3300 proof to be a significant resistance to take note of.  STI is looking for a reason to cross the significant 3300.   People are uneasy over several events that's crippling the bull. N Korea's threat, Europe's austerity & impending H7N9 outbreak.  As the world is seeking ways to contain the contagious outbreak, any sign of success would propel STI beyond 3300, heading toward 3800.  There's much to gain if one stay invested. 



Chart forSTRAITS TIMES INDEX (^STI)