Friday, May 15, 2009

Dow and STI - Bear is coming to town?


DJ INDU AVERAGE, fell below the greenline night before, further pullback to 8,070 yellowline is possible. By the way, US market is below 200DMA (8,923) unlike Asia markets, US markets is still in a Bear market territory. So for STI, you may see it is being channeled downward.

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