Last week, STI from 3132 falls to 3078, A big bearish candle with small upper and lower shadow means investors are no hesitant to sell their chips. Market close on yearly MA line and meet the key point. Read from chart pattern can see too many bad news have been reported and impacted market investors, they are all worried on economy growth.
From both daily and weekly chart, can see market coming days will in bearish.
STI Immediate support in daily chart: 3071, if week may drop to 3044.
STI Immediate resistance in daily chart: 3094, if strong may up to 3120.
Duanfei
11 June 2011
No comments:
Post a Comment