Good Morning ladies and gentlemen.
Base on current situation, DJIA will likely test the resistence of 11,150 today.
If it maintains the bullishness of at least 100 points up, the STI will likely
break the 2375 barrier and test the 2416 resistence.
Today's closing showed resistence in falling which technically signals
a close in positive territory tomorrow.
Whether it can exceed 2375 and trade in a new range of 2375-2416
will depend on push factors like DJIA closing, unexpected results and
positive news from fed.
Fund holders is unlikely to make an entrance as this is too early as
mentioned earlier as this is not an actual rally.
Communication
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