Communication


ShoutMix chat widget

Thursday, June 15, 2006

STI Review

Today's market showed signs of uncertainty in either direction.
A resistance at 2313 is formed and a volume breakthrough will
take us through a small rally where speculators can grab oversold
counters for a healthy gain.

Technically, the signs for rebound has yet to be confirmed but
is anytime soon.
This 'rebound' will take us through phase 2 of this correction
but not an actual rally.
Current correction consist of 3 phases, the first phase is the
huge fall that hurt many which will be ending soon.
Trade with cautious as the actual rally is still some distance away.

cheers.
heiwa...

No comments: