Friday, June 27, 2014

Daily Summary 27 Jun 14

Europe closed mixed last night while Dow -21 at 16846.  Dow's short term trend is down. Long term uptrend is looking like breaking down with double top formation and a hangman. Dow's future is now -8. Europe opened up.

Asian bourses were mostly down.  Nikkei -213, ShanghaiC -2, Hangseng +24.  STI closed -10 at 3269. Volume was 1.7b shares.  Gainers were 195 to 221 losers.

Short term trend of STI is up.

Top volumes were Polaris +0.4, PNE +0.9, Mirach -1.5, Oceanus +0.2, CompactMetal +0.4, Adventus +0.1, Vallianz +0.1, Charisma unchanged, WCorp +0.1, Blumont -0.2.

Market opened down and stayed down the whole day. Volume was a low of 1.7b shares.  Blue chips were mostly down.  Penny and speculatives were mixed.

Europe are up at the moment while Dow's future is slightly down.

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