Author: forexrace@gmail.com

  Morning Highlights: The market breaks out and opens high of 2356.39. It is now easing back.   From the chart, we can see that the today’s gap is a breakaway gap.   There is a high chance for the market to...

Morning Highlights:   Market is on a side way consolidation since last Friday. We can see that it has attempted to break 2330.22 twice but failed. Today it attempted to break 2316.56 but quickly recovered.   Now the...

  Morning Highlights: Today’s market is still directionless. For traders who do not wish to dance with the market, you may consider to rest for the day too, and enjoy an early weekend.   For others who prefer to...

Dear Traders,  Looking at the current market uncertainties, we have decided to rest for the day. Taking a break is to restore your energy for a longer journey. So, relax, have fun today and we’ll observe the market...

  Morning Highlights: The Market is seen trading in a tight range. The STI needs to break 2247.4 and continue to hold at that point before we can deem 2234.45 is a good short term support.   However, based on the...

Morning Highlights: Due to the overnight effect from Dow Jones, the market gapped down at the open at 2212.88   The main reason for the immense drop was due to the news impact by the World Bank for lowering its forecast for...

Morning Highlights: Market gap up at today’s open, attempting to trade higher. However, the climb did not sustain and the index starts to fall at 09:30.   The moving averages are converging on the STI’s daily...

Morning Highlights: The STI reacted to the overnight rise in Dow Jones and gapped up at today’s open. It might be an over-reaction. However, if the STI continue to trend upwards, traders should not hesitate to cover their...

Morning Highlights:   The STI gapped down at today’s open but recovered very quickly, forming a triangle pattern. It appears to be more downward inclined.   The point at 2257.44 might be tested again today....

Morning Highlights: Today’s Market gapped down and traded lower. The STI managed to break through 2264.99 but the index quickly climbed back.   There is a high chance that market will be trending either direction. We...