If you are reading this entry, you might have encountered some slowness on my blog today. I was trying to figure what?s going on here. Anyway, I have checked out the reason with my hosting firm. In fact, they were working on some upgrading in order to improve the response time. Hey, I am pretty impressed by their prompt reply and customer service.
Now everything should have back to normal. It is interesting to have my own domain. Warn you, there are some works to do to maintain it.
Futures is down a little now. Before we get started a new trading day, let's have a look at STI (Straits times index) ended 31-Jul-2006. It is interesting to see STI managed to closed both 50-day and 200-day moving average. And in fact, it closed above recent downtrend line, which appeared to be an resistance area before. Earning season is yet to be over, price action of STI seems to be better for August. I am very keen to see if it manages to advance further above current level. [photopress:STI_31_jul2006.jpg,full,pp_image]
I was looking for Nasdaq-100 futures to move up further to resistance level around 15550. A nice setup during the opening, I have decided to get LONG above inside bar. Bull failed to impress further and my intial stop was triggered with 1.13-R loss.
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Full picture after market closed
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I was preparing to do a recap of Nasdaq, DJ and S&P before starts today's trading. And I have found TraderMike had done a good recap and some discussion on volume. July 28, 2006 Stock Market Recap
I have been a blogspot (clogspot? ) user for more than 1 year, and my recent switch to wordpress is something that I hope I have done it earlier. The user-friendly interface and the stability of the platform impressed me. Besides, the free plugins and the easy theme switching are another plus. For those who are new to blogging you may try out a free blog at wordpress.com, in case you are getting your own domain and hosting service, remember to install the latest wordpress 2.0.4 for a stable release. And it is all FREE.
WordPress is an Open Source project, which means there are hundreds of people all over the world working on it. (More than most commercial platforms.) It also means you are free to use it for anything from your cat?s home page to a Fortune 500 intranet site without paying anyone a license fee.
Blogging has become a trend, or some says a new generation culture. Try it out.
It was another boring day for SG futures market. Both TIMSCI and SIMSCI did not provide good trade setup. Bulls failed to perform. TIMSCI closed in negative zone and filled the opening gap. SIMSCI opened high, and closed with +1.3 point gain, giving up most of morning gain. No trade was done. Here are the 15-min charts SIMSCI Futures
[photopress:simsci_15_min_full.jpg,full,pp_image]
TIMSCI Futures
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