Friday, September 10, 2010

STI update

STI now is at a very important point, within next few days it will show its ability whether or not break the 3030 resisit position.

With the recently market showings, STI in fact is far more stronger than other market, such as US and HK. But still I think this time depends on the next two weeks US market situation.

If DJ can be stable or go up, the STI will break and next target by end of this year will be 3300 aroud.

If DJ going down, STI will have support at 2900 and 2830 respectivly.

Operation should be hold my current position and just observe, can invest more if break out happens.








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