Tuesday, February 5, 2008

AD RSI Trade Updates

The 13 day AD RSI for STI is now at 44.65. This is slightly higher than the previous peak of 43.79.

Few days back, I posted the chart of DOW versus USDJPY. You can see the same relationship with STI.



And with STI rebounding from around its 50% retracement region, hope that it can hit its Fibonacci objective of 3384 in the next few weeks.


The STI index is now 0.11% and 0.7% above our entry points.

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