Oct 10, Global Indices Performance Chart

Oct 10,  TA for global indices.

Global Indexes performance chart is a good reference to feel the movement of money flow. The only index that outperform all indices is the USD Dollar. If you park your money in HSI, it should be the worst index of all, next will be the Silver which seems to be closely related to Gold is the 2nd worst performer.

The blue arrows show how the main index and STI is trying to maintain above the support level like the DJI, 10,700, FTSE 5000 and STI 2700. In short, DJI, FTSE and STI are pretty much in "Range Trading".  

Oct 6, TA for SembCorp

Sembcorp is pretty much in down trend and approaching to 20D MA resistance and 28D downward resistance. As long as it never break the chart pattern, it is still a good SHORT candidate. How to enter a SHORT, make sure from the TA Hourly Screener - you should not be seeing a high volume Ratio and a White Marubozu Candle. It is my our TA short signal that we are looking for.

TA for SIA and Starhub (28 days Pattern) = Upward slope formation

On 6 Oct, SIA and Starhub have a upward channel pattern formation. It is a bullish signal. 

Oct 3, TA for Global Indexes

STI is in Downtrend, the daily chart shows that it is still in
1, Downward slope channel - The Support and Resistance are at 2720 and 2585.
2. The Classical Support is at 2650.

In weekly chart, using Fibonacci Retracement support and Fibo Fan (Timezone) chart, we are at the critical point to decide a trend reversal.

In HSI weekly chart, we can clearly see that whether Fibonacci Retracement and Fan (Timezone) are neared. The market will need to decide critical movement. This chart shows that HSI broke support and trend down support with high volume to break strongly the Fibonacci support. HSI should trading within the 18200 and 16700.

The performance chart, most of the global indexes are still in side trending and HSI is the only one that trend outside the range. USD is clearly the winner among the indexes.