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SG market recap 02-August-2006

by Gav Leave a Comment

There was nothing much changed after yesterday's close. Again, I am waiting for STI to make a higher high to draw a better picture of possible trend change. With overnight gain of D.J and Nasdaq indices, there should be a chance for index to advance a little bit further. In addition, one of core STI components , Singtel, released result with 10% raise in quarterly profit, which beats expectations. Stochastic is moving in overbought zone, however, this is relatively unimportant as oscillator tends to be stay at extreme zone during treding market.

[photopress:STI_02_August_2006.jpg,full,pp_image]

Filed Under: Trading Journal Tagged With: Trading Journal

Reader Interactions

Comments

  1. Andrew says

    at 3:45 pm

    May I know where is a good place to learn technical analysis?

    Reply
  2. Andrew says

    at 11:45 pm

    May I know where is a good place to learn technical analysis?

    Reply
  3. Gav says

    at 4:14 pm

    Andrew: I don’t know where is the best place to learn TA. I learnt from readings, and I am still doing that now. Get some good books from authors like john Murphy , darly guppy etc.

    Reply
  4. Gav says

    at 12:14 am

    Andrew: I don’t know where is the best place to learn TA. I learnt from readings, and I am still doing that now. Get some good books from authors like john Murphy , darly guppy etc.

    Reply
  5. Andrew says

    at 2:43 am

    ok, thanks!

    Reply
  6. Andrew says

    at 10:43 am

    ok, thanks!

    Reply

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