Sunday, September 13, 2009

Updates on the STI



Hi there! Above is a weekly 'line-on-close' chart of the STI. I zoomed it pretty close so that you can see that it has just about broken out of its trading range. Volume is picking up also, so i think upside potential is pretty strong.




Above is a daily candle stick chart of the STI. The 2700 level still seems to be pretty strong resistance, but looking at the momentum via the MACD, it looks like it will be broken very soon.

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