Tuesday, 5 April 2011

Asian Indexes updates - Weekly Charts

I am not going to stand opposite the powerful weekly traders using weekly charts for a change. Asian Indexes are exhibiting strength as they have already bounced off the 50day MA on weekly charts. Let's concentrate on what the weekly charts are saying.


Singapore Straits Times Index - Currently testing Kijun line of Ichimoko Clouds. Showing strength.



 
Hang Seng Index - Closed above Kijun line of Ichimoko Clouds. Showing strength.




Shanghai Stock Exchange Composite - Bouncing off Ichimoko Clouds. Showing strength.


No comments:

Post a Comment