Despite steep gains by Straits Times Index, many signs indicate Feb rally is just a bullish retracement of a much bigger down leg in the stock market.
Lessons from HSI performance during past 3 crises. The Hang Seng Index can swing from very bearish to very bullish. Steep retracements are possible, highly probably.
Straits Times Index was supported 4 times by 2840, a technical level that has some historical precedence. Based on closing today, not any more. Is this a real break or a false one?
SG30 Index (SiMSCI) chart illustrates price action signals that traders can spot easily. Trend and opportunities to fade false breaks show up prominently.
We were bullish AUDUSD prior to high impact news. Data miss triggered stops. We look at what we missed and supports to look out for.