Saturday, July 24, 2010

Breakout?

This week indices attempted to break the current downtrend. Beware should there be no increased demand in broad market next 2 weeks.

It may be a good idea to follow NIKKEI too. Being the weakest amongst indices, its likely to drop first on first sign of trouble.

Updated some charts:

HSI, DJI, CHINAENV, SYNEAR, XLX, NOL & MERMAID