HSI, a bad close, taken by the bears during closing. This might bring about a continuation tomorrow. As mentioned in the morning, technical rebound chance is very low today. short term turned bearish following DJ. Stay cautious.
STI stayed ranged intraday but may follow HSI to close into the hands of the bears. Hands of bears lay below 3390 level. A good sign in this downturn is that counters still make good rallies, especially the construction today. This shows rotation in interest rather then a overall weak market. Be selective and cautious as short term bull turning bearish as well.
US and EU mixed at the moment...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment