Sept 19, TA for DJI

From the TA chart, you should be able to spot something interesting - an upward trendline formation - a bullish formation. So are we really into a bullish momentum?
Read the articles below from seekingalpha, in general, the 4 macro-economic issues are still unresolved. Furthermore, EU is approaching the mid of Oct Date to deliver to Greece 7th loan. A delay or poor assessment of Austerity performance might swing the index.
A lack of obvious economic catalyze to push the stock higher. One thing we need to take note, is the volume needed to push the index to a new high, we are now approaching 50D MA, Classical Resistance and also trendline resistance.

http://seekingalpha.com/article/294198-what-could-go-right-for-stocks
 I like this article as it reminds us of the 4 macro economic issue

• - Proactive European Policy - The Europe Disaster
• - Proactive US Policy - Decelerating Economy
• - US Super Community - To reduce US debts
• - Negative Business/Consumer Sentiment - weak economy 

It needs a catalyze to break the current resistance level.

A 5 days of continuous winning, what is the probability of a pullback?

data from seekingalpha

Sept 19, TA for STI

Sept 19, TA for STI

Trend - Down
Momentum - Oversold (stochastic)
14D Support - 2720
14D Resistance - 2886
Candle - NA
Volume - Average

From the daily chart of STI, you can see that it is forming a nice "Descending Triangle". It is being resisted by the downward trendline and 20D MA. Most of the time, it is trading near support. It can only be bullish if it can breaks through the 2880 resistance line, else downward pressure is still in tact.

From the weekly chart, the Wave formation + Fibonacci Retracement + Classical Support (2700) are a set of good reference to watch. Don't be too excited when the stocks move up, watch Mr STI - Macro movement.

Sept19, TA for OCBC

TA for OCBC,

• Trend - Down
• Momentum - Moderate
• 7D Support - 8.13
• 7D Resistance - 8.68 (take note of 20D resistance - they are aligned.)
• Candle - Gap Up
• Volume - 1.2X

How to trade OCBC?
From OCBC, it is forming a nice downward trendline. Price (16Sept) is now at the top of the trendline. You can also see "RSI divergence" (bullish reversal) but i think it has already completed the "Gap Up". Personally, I think OCBC is a potential SHORT than a LONG.

Setp 19, TA for Sembcorp

TA for Sembcorp,

• Trend - Down
• Momentum - Oversold for Stochastic, moderate for RSI
• 7D Support - 3.7
• 7D Resistance - 4.0 (take note: 20D resistance, it has not yet manage to break it)
• Candlestick - NA
• Volume - 1.3x 

Looking at Sembcorp, you can see there is an arrow of "RSI/Price divergence signal" (bullish reversal), volume increase but price movement flat. You can clearly see a downward channel trendline. 

Sept 12, TA for DBS, OCBC, UOB - (downward trendline)

Pattern Similarity on 3 Singapore banks - They have the nice downward trendlines formation or a descending triangle formation if they break the support line.

Sept 12, FA/TA for ChinaMinzhong

For more information on ChinaMinzhong - TA and FA, please visit the Forum->Section. If you have more information or view, please feel free to share.