Singapore Stock Market News
Markets Technical Analysis - Still has legs
StockFanatic
Publish date: Mon, 29 Apr 2013, 04:43 PM
StockFanatic
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The S&P500 has bounced off its immediate-term support trendline at
1,555 pts. The wave "d" for the possible megaphone pattern since 2000
is almost completed. However, it is still too early to call for a major top.
MAxJ has found support at 525 pts and this should be a medium-term
low. The next upleg for Asia could have already started.
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