Friday, October 6, 2017

Oct[3] - Market Updates

Singapore:  
STI saw bearish candles in 4 consecutive weeks since last September. Trend finally reversed with a bullish closing on first week of October. Immediate support ~ 3195. It needs to exceed 3280 to break up from the recent side way channel. On coming weeks, market shall focus on earning performance among listed companies. It could decide direction of STI barring any unforeseen circumstances.

Market Calendar on coming week:  
(SG: Singapore; CH: China; UK: United Kingdom; US: USA; JP: Japan)

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