Archive for June 11th, 2006
Sunday, June 11th, 2006
This is trend analysis of daily chart of STI. Downtrend is still intact, though there was rebound at the end of last week, that did not help much in term of trend change. There is no sign of recovery. Directional analysis wise, there was a slight up turn in ...
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Sunday, June 11th, 2006
This is daily chart of Sesdaq. Nothing much has changed. There is no sign of recovery for small cap. Directional analysis shows a continuation of downward movement. Negative sentiment is still hanging in the air for now. Trend characteristics analysis shows intact downtrend with no sign of reversal.
I am not ...
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Sunday, June 11th, 2006
Before a new week get started, it is necessary to have a view of Futures market movement retrospectively. It is beautiful, I would say. A downtrend channel has not been violated at all since it was formed weeks ago. From daily chart, short term time frame, I would say, 'Downtrend ...
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