Sunday, July 31, 2011

STI Index... Still behaving as expected

There is huge volatility this week as US tries to close its talk on debt ceiling. Over here, STI index is behaving normally, without much unexpected movement. Price closes higher compared to previous week, and most importantly above the triangle pattern. Bias remain bullish to further upside excluding unforeseen macro economic conditions. Next milestone will be that 3300 resistance zone...

Blog Improvement:

As part of my learning journe, I appreciate readers who chanced upon this site to give me some counters to analyze. I will share my analysis in this blog, and hopefully the readers and me learn something meaningful through this interaction. Haha, make me work harder!!! Just email me (tradeforinfinity@gmail.com) with the following info:

  1. Name of the counter
  2. Your intention (i.e. Long or Short)
  3. Your reason to enter
  4. (optional) Price you decide to enter the order
Have a good time profiting!!!

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