The danger is still not over. Need to break out above the triangle convincingly before we are sure.
Straits Times Index
Daily Archive for July 31st, 2006
Scenario has yet to unfold and danger still lurks. Trend is still trapped in the wedge that could go both ways.
Possible that the bull since early 2003 is running out of steam.
Nikkei 225
Similar scenario this week and last week. Similar trend through Asia as markets seeks for direction after the recent correction.
Dwindling volume is bearish. The little rebounce may not last. Wait and see.
KOSPI Composite Index
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