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Singapore stock market for 8th May 2012

SGX Warriors
Publish date: Tue, 08 May 2012, 12:00 PM
SGX Warriors
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How and What to Trade Singapore Shares with Exact Entries Setup...
Market suffered more than 2% drop yesterday after poor US data and Euro elections. We believe market will continue to be choppy while range bounded. Support is seen at 2900 for now with resistance at 2950 temporarily. We need to observe how market will trade in following days to determine the overall direction. Sentiment is neutral for now with more biased on the downside. Sentiment --> Neutral
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