Trading Stocks, Market Indices and Futures Archive
Straits Times Index delivers strong end of May 2017 performance up 1.1% from April but market breadth declines from previous month. 15 companies end positive, 15 in the red. Yangzijiang Shipbuilding and OCBC are gain leaders. Comfortdelgro is top loser.
An example of a weekly chart of a major US financial stock printing a head and shoulders price action in total harmony with a bearish signal from Commodity Channel Index. When multiple elements come together to give a consensus signal, traders have a high probability setup.
These 5 lines/levels in China A50 for analysis i.e. bullish/bearish, positive/negative sentiment, pattern broken/not broken. Rather than jump allover the place reacting to price, use these levels to form your own opinion.
China A50 has broken a big triangle chart pattern. It did a pullback, price action reveals resistance. On the other hand, there are supports to take note.
Straits Times Index constituents April 2017 performance: 0.01% rise in index, 19 winners 11 losers. Some observations on AUDUSD, NZDUSD, EURUSD, USDSGD and Natural Gas.
Stock indices update for Q1 2017. 1) Relative strength, performance between major Western and Asian indices. 2) Straits Times Index constituents 'winners and losers'. 3) Quick look at diverging behaviour between China A50, AUDUSD to exceeding PMI data. 4) US sector performance.