Daily Market Opinion for 19-Feb-2014

It was another bullish day for STI but this time round, it is not as strong as the previous day. The market open slightly higher without a lead from DJI market but it was quick to hit the negative region soon after opening. A low of 3064 was formed during the early morning trading session. During that time, bargain hunters seem to be slipping into the market to push the market up later in the day. A high of 3075 was reached but it failed to sustain. Eventually, in the low trading volume situation, STI was seen closing slightly higher with 1.5pts up, ending at 3070 level. Last night, DJI closed down with 23.99pts down. Will STI be able to sustain the bullish momentum today?

There was no follow up of white candle yesterday and instead, black candle appeared; this shows a sense ...