Singapore Stock Market News

Alpha Edge - US finally breaks down

StockFanatic
Publish date: Tue, 25 Aug 2015, 03:05 PM
StockFanatic
0 10,453
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.

The US S&P500 finally broke below its wedge pattern. Our S&P500 target is now at 1,820pts, which is the start of the wedge. US technology stocks are also showing signs of breaking. Asia looks shaky. MAxJ is now below 500pts and, with likely further weakness in China, the index could fall much lower soon.
Read more »
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment