Friday, 3 February 2012
STI at 2921, the Fibbonacci 50% mark, definitely a Resistance, just like Hangseng at 20600
Mr Hu Li Yang mentions the Box Top at 2921, which is the 50% mark between the highest point of the Bull Run and the lowest point reached 3 months back. Notice that STI is at that point now,today closing at 2918.
Same fate as Hang Seng Index. See my article below.
STI is the Only Flower stuck in a pile of Cow Dung! - The only major index in Asia that is in the Green
Dear Friends, A few days ago, I issued a post on where I think is the accumulation area of STI - 3300-3350. Yesterday it dropped into thi...