Monday, September 10, 2007

Monday blues unlikely

Today the Straits Times Index gap down but it close higher den it's opening. Notice how it gap down and got supported on the trendline so this trendline dat i drew is valid. Gotta see how STI test the downside gap in subsequent closings. Given the lighter volume accompanied with a gap down formed today, I believe STI should trend upwards in the short-term.

Straits Times Index Chart:

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