Market recap 18-Jul-2006

by Gav 2006-07-18T14:21:00Z

STI closed higher? Ok, it did. It closed higher than yesterday. Good news, it is still below 12-day, 50-day and 200-day EMA. I see some space to move towards recent low, which is 2277 aread. Nothing much about UOB Sesdaq. Still ding-dong between 50-day and 200-day moving averages. Just be patient to watch for development during this result relaesing season. Recent low is around 90 area. I am interested in looking at Short side if the support area is broken.

Comments

Historical comments are preserved here. New comments are closed.

TopTrader2006-07-19 04:45:00 UTC
UOB Sesdaq - Noted that MACD signal is accurate every time in your chart, ie, cut up, buy, correct; Cut down, sell, correct. This time, it may be better to wait for macd cut up before buying.
TopTrader2006-07-19 04:45:00 UTC
UOB Sesdaq - Noted that MACD signal is accurate every time in your chart, ie, cut up, buy, correct; Cut down, sell, correct. This time, it may be better to wait for macd cut up before buying.

Market recap 18-Jul-2006

Comments

Recommended FX Charting

Recommended Training