Looking at the 15-min charts of both SIMSCI and TIMSCI. There is nothing really interesting. No clear intraday trend and no setup for day trade. The best decision for today is not to trade.
MSCI Taiwan Index (TIMSCI Futures)
MSCI Singapore Free Index (SIMSCI Futures)
From the desk of Tradergav.com
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 [...]
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 [...]
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.
Full picture after market closed
From the desk of Tradergav.com
My netvibes page
