The chart above dated 15/12/10 shows that the 100-day SMA for trading volume has stopped deteriortating which will bode well for the US market. Coincidentally, US market also responded positively recently. If the rally is to be sustainable, the 100-day SMA has to keep on improving and I urge investors to be vigilant about this.
The chart above dated 15/12/10 indicates that there is renewed confidence in the japan market which is supported by increasing 100-day SMA for trading volume. Nikkei also responded very well during this period.
The chart above dated 15/12/10 depicts strong inflow of funds into Singapore with the property and stock markets moving in tandem. Although STI has fallen from its high, it has not fallen below its low due to strong investor confidence in Singapore. However, investors have to be beware once the 100-day SMA for trading volume starts to fall.
The chart above dated 15/12/10 indicates the same phemomenon of STI happening to HSI.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment