Dow and Europe were up last night. Dow +97 at
14931. Dow's trend is about to break up from its current short term
down trend. Dow's future is now -1. Europe opened marginally down.
Asian bourses were mostly up. Nikkei +11, ShanghaiC -5, Hangseng +272.
STI closed +24 at 3039. Volume was 3.8b shares. Gainers were 308 to 183
losers.
Trend of STI is also attempting to turn back up.
Top volumes were Ipco +0.2, YHM +0.2, Albedo unchanged, TopGlobal +0.1,
LottVis +0.4, MirachEner +6.5, Lorenzo +0.8, AdvSCT +0.1, THBev +3.5,
Rowsley -1.
STI gapped up on opening and stayed up for the whole day. It closed off
its high of 3057 at 3039. Blue chips were mostly green. Penny and
speculatives were active and many chalked up good gains. AP Strat
+10.3, MirachEner +6.5, RexIntl +16, THBev +3.5.
Market could be better if not because of the overhanging Syrian crisis which could turn bad any time.
Europe and Dow are steady at the moment but looking cautious. The charts
of Dow and STI are about to break up from the recent down trend.
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