Market Review and Trends
Daily Market Opinion for 30-Dec-2014
By Jay Chia - Your Financial Mentor  •  December 30, 2014
Daily Market Opinion for 30-Dec-2014 It was a bullish start for the last week of year for STI yesterday. The day opened with a gap up opening which some profit taking in the early session. A low of 3356 level was clocked before buying strength enters the market. The gains were gradual during the early trading session as trading volume continues to be on the low side. More bullish actions were only seen closer to the end of the trading hour. Hence, without much fanfare during the day, STI managed to close its day at 3367.69 level with 14.01pts up. Last night, DJI was seen closing slightly lower with 15.48pts down. Will STI be able to continue to make gains today or will it start to retrace today? As expected, STI continue its rise towards its resistance level yesterday. Immediate resistance at 3370 level is near now ......
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By Jay Chia - Your Financial Mentor
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