Hey folk
I am in UK for holiday and haven update my blog for sometime.
The USD is still the mover or shaker for the US indices. Whenever the USD went up, the mkt goes down and vice versa.
I have been on the side line for awhile. The market is really uncertain. However, my take for S&P 500 is still unchange. It is still going up. I have been stop out for a number of trades previously and i have reckon that the market is in a serious uncertain manner.
US indices have stay on the support of a trendline back from Mar 2009 very well.
STI are on the side ways consolidating.
My take is Wait for opportunities. Let the market come to you, be patience and do not jump into the market.
