Wednesday, November 25, 2009

STI Updates

Nothing much to update. So won't be posting a chart here.

MACD remains bullish. Waiting for a turn.
CCI is still high.
MFI's negative divergence remains.
Stochastics and %R both remains at a high, overbought region.

The bollinger band is opening up, signifying greater volatility. When will the party end? Perhaps when the bollinger band starts to close up.... all the stars will align....

Investors should only take on highly selective longs. On my radar are Starhill and Starhub. Patience is key now.


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