Disclaimer

Disclaimer:-Please note that all such analysis is provided by way of information only. All of the information was and should be taken as having been prepared for the purpose of reference only and that none were made with regard to any specific investment objective, financial situation or the needs of any particular person who may receive the analysis. Any recommendation or advice that may be expressed in or inferred from such analysis therefore does not take into account and may not be suitable for your investment objective.

Saturday, January 5, 2008

SGX 040108

SGX broke below the uptrend support (lower blue) on 3 jan. And it touched the downtrend support (lower red) today.

Photobucket

SGX looks to continue to trade within the downtrend channel (red).

For Monday :

Support @ 12.458 (lower red), 12.33 (upper purple), 12.00 (lower purple)
Resistance @ 12.84 (middle red), 13.12 (upper red), 13.28 (lower blue)

Good Luck !!

No comments: