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Web thoughts-denzuko1.blogspot.com

My Charting Blog

It is interesting that I start off this Blog when the Singapore Stock Market is heading south. However, this makes it more interesting for me to write on as the market turned volatile. My interest is Technical Analysis, TA for short. I love to look at charts and predicting where they are heading. This blog is or me to record my thoughts on the market. The articles on this blog are based solely on my personal opinion on the charts that I read and readers should not take it as absolute.

11/09/2010

Just one week and there are so many changes...

I was virtually travelling the whole of last week. It was an unscheduled event which I needed to travel to Da Nang for a seminar. I started my trip by Monday only to come back by Wednesday. I travelled again to KL by Friday and was only back yesterday.

I was mildly surprise on my return that so much has changed, primarily STI went up! It broke down the head and shoulder formation and went to higher high. So this is the fifth wave! I was expecting a longer period of 4th wave with head and shoulders completing its objective. It seems that the market cannot wait.

The worst thing is that my service provider is broken down again! I was making a few attempts to down load my data but to not avail. Now I am not able to check on the charts till it is well again.*sigh* I would have to call on the service provider again tomorrow to log complaint!!!!

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