Home > Uncategorized > DJIA gapped up 200 points

DJIA gapped up 200 points

With DJIA moving up so strong will STI moved in tandem and break the immediate resistance? It is still in an uptrend mode and thus it will a chance to go long. Stock picking skills is highly required during times like this as retracement is getting likely with each uptick.

But what is interesting is the current uptrend is not supported by banking sector UNTIL last friday where all 3 banks showing bullish reversal candles. DBS will be a good pick if interest rate go up.

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