Market Review and Trends
Daily Market Opinion for 15-Apr-2014
By Jay Chia - Your Financial Mentor  •  April 15, 2014

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Daily Market Opinion for 15-Apr-2014

STI had a strong start for the week yesterday as ignored DJI’s last Friday’s weak closing. STI opened with a gap up action which immediately rises above 3200 level. During the day, trading activities remain listless and there wasn’t much trading action. It trades in a tight range between 3205 – 3219 levels that accompanied with low trading volume. Regional markets were also trading mixed as market participant seems to be avoiding the market. However, despite being a listless market, STI still managed to maintain its gains and close with 16.61pts up. STI ended at 3214.83. Last night, DJI closed with 146.49pts up. Will STI continue its bullishness today? Will more market participants enter the market today?

 

STI could have completed its consolidation last week as STI managed to make good gains yesterday. With a gap ...

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By Jay Chia - Your Financial Mentor
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