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.
Singapore Straits Times Index - Currently testing Kijun line of Ichimoko Clouds. Showing strength.
Shanghai Stock Exchange Composite - Bouncing off Ichimoko Clouds. Showing strength.
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