Nikkei broke 14700 support region 2 days ago. A point to note. Short n mid term bearish.
HSI likely heading to test support region @ 26200. Short n mid term bearish.
DJ testing support region @ 12700. Will it bounce? Or will it break? Bounce likely face resistence @ 13150. Short term n mid term bearish.
STI likely heading to test support @ 3300. Short n mid term bearish.
General market:
Jiutian made a break down today. Bearish.
A number of stocks remain weak like Jes, yzj, capld, ch hongx, STX.
A number of stocks showed weakness in rally like cacola, first res, ultro, lc.
Some stocks remained strong like ch milk, ktl.
overal market experiencing weakness and this is likely to stay in the nx few days.
Conclusion? selective, tight cuts and ready to turn short. what more can i say. stocks shd be selected using your own method, this is blog is meant to provide general sentiment for your risk control.
Enjoy trading....Heiwa
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment