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.
Just a few post earlier. I was wondering why Dow Jones was not aligned with Nikkei. This week it seems they are aligned again.
Fig 2 Nikkei weekly index
In this case, I am more certain that Nikkei is on a down trend than Dow, it is more decisive in breaking through the 55-week moving average.
Dow on the other hand still hovers above the 55-week moving average.
posted by denzuko1 @ 3:55 PM
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.
0 Comments:
Post a Comment
<< Home