| 3344.53 | +3344.53 | (+0.00%) | |
| 17287.31 | -91.15 | (-0.52%) | |
| 206.88 | +206.88 | (+0.00%) | |
| 1279.86 | -3.79 | (-0.30%) | |
| 13756.85 | -93.14 | (-0.67%) | |
| 25755.35 | -158.80 | (-0.61%) | |
| 12820.13 | -11.81 | (-0.09%) | |
| 1825.47 | +13.96 | (+0.77%) | |
| 3693.11 | +169.70 | (+4.82%) |
It is holiday here in Singapore as the lion city took a breather from the volatility. Hang Seng Index and Shanghai will definitely turned bull trend and decoupled from any movement from Dow Jones. The reason is so obvious that I do not want to mention it. Well, yes, it is Olympic 2008 in Beijing. So things that directly deal in sports like China Hongxing Sports will definitely flourished. On the back of Olmypics and the vast market of China.
Resource and commodities are in the extreme high. Chinaenergy is worth a look as the current price and RSI, MACD indicators presents a buying opportunity. It is oversold. Take note of that.
Yangzijiang seems to have passed the $1 psychological level but $1.12 seems to be a very stubborn resistance level. Well, it will be broken tomorrow, Friday. All S-Stock will rally together with most market. The after effect of rate cut and I believed they will be a clarification of future rate plans with economy data release by the Fed tonight.
May is coming, you know what they say, "Sell in May and go away". There is no Capricorn this year, so I do think conventional periodic trend works anymore.
All above mentioned are personal opinion and not an inducement to trade.
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