Daily Market Opinion for 30-Sep-2014

After taking a break from the market for 4 market days, it is interesting to see that there are not many changes to the market movement. STI had been holding well above its 3285 support level. STI was seen holding itself really strongly yesterday despite the breakout of street protest in HK on the previous night. HSI was seen tumbling more than 400pts yesterday but this did not affect the performance of STI yesterday. Instead, STI opened flat faced a little selling pressure only. Trading volume was weak during the day. Low was only formed at 3283 level before it rebounded. The rebound was able to bring STI back above 3285 level again; leading to its closing at 3289.72 level. A total of 2.49pts was lost during the low volume trading day. Last night, DJI was seen trading lower by 41.93pts. Will ...