STI - More Down Side?
Hummm.....a series of lower highs for the indicators. Today was a medium volume (1.18 Billion Shares Traded) slide. STI was down 15.57 pts (-0.64%) to close at 2427.89. A/D line is 195/345.
STI is sitting on the 20MA, looks like there is more downside than up (barring unforseen news) All the key asian regional indices are also down. Europe is down when i am writing this post. Wall Street Futures are unchanged pending some economic data today. Looks like the bear is going to show it prowlness as the bull goes into hiding.
Good Nite
SM
STI is sitting on the 20MA, looks like there is more downside than up (barring unforseen news) All the key asian regional indices are also down. Europe is down when i am writing this post. Wall Street Futures are unchanged pending some economic data today. Looks like the bear is going to show it prowlness as the bull goes into hiding.
Good Nite
SM
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