HSI gap up at resistance level today and rallied into new highs for the rest of the day. A sign of continuation of the BULL RUN. 20400 would be a tough resistance to crack.
STI has broken into a new recent high of 2424, and looks set to be heading to next significant resistance level of 2600, last seen in September 2008.
DISCLAIMER: The opinions expressed in this blog are purely my own analysis of the market, and should not be taken as a purchase or sell advice. I am not responsible for any profits or losses should you act on my views.
Monday, July 20, 2009
HSI and STI update. (20th July 2009)
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