Market Review and Trends
Daily Market Opinion for 13-Jun-2014
By Jay Chia - Your Financial Mentor  •  June 13, 2014

[unable to retrieve full-text content]

Daily Market Opinion for 13-Jun-2014

STI managed to halt it’s descend yesterday by performing a rebound; shrugging off the bearish lead from US market and regional market. The opening was weak as the market took the lead from the bearish closing of DJI. However, it did not go any lower after opening. Buyers were seen entering the market on bargains and caused the market to rise despite bearish sentiment in other regional markets. A high of 3297 was made but it failed to sustain before closing hours. Hence, STI managed to recover the losses from its bearish opening and gained 2.97pts for the day. STI closed at 3293.01 level yesterday. Will STI be able to sustain its bullish vibe today? Or will it continue to consolidate again?

 

STI formed a bullish engulfing candle yesterday which indicates that it could be a possible ...

...
Read the full article
By Jay Chia - Your Financial Mentor
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance