Sunday, March 6, 2011

Mkt update

Dow transport being the king of the market have some tidy up to do. They need to clear a few resistance before a strong uptrend is coming. The same indication for Dow Jones and the other indices.

For Asia, STI have been gapping up and close lower as compare to the open of the day. It is a sign of slight weakness. The overall movement as i see here may look like a 2010 Nov to Dec consolidation. After Dec2010, the market soar. So be patience.