Monday, July 19, 2010

Nothing special.

On the chart pattern side, nothing special has happened. Hence I will maintain my view mentioned in Market Next Week.

 

I had mentioned today morning about the possibility of Hang Seng confirming its sell mode. It has now confirmed by just closing below my critical level. Since it is not a powerful breakdown, I would prefer a double confirmation for one more day.

 

Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.

MASTERSTROKES