Another good day!

Let's start off talking about Commodity. Gold and Silver take a beating, which give the US Dollars a lift. There is strong inverse correlation between the movement of commodity prices and US Dollars for those who don't know. In Singapore, STI closed right at 3250 which was highlighted yesterday! So on the bigger perspective, we should see STI climbing and break last year high.

Today, I will speak on 2 Blue chip which falls despite overall improved market sentiment, namely WILMAR INTERNATIONAL and SINGAPORE AIRLINES.

WILMAR INTERNATIONAL
There is breakout on strong volume from the mini consolidation flag on high volume. Price will most likely eye the critical support 5.30.

SINGAPORE AIRLINES
Big volume with a massive bearish candle bar. Watch out for key support 15.